At what rate per annum compounded half yearly will Rs 10000 amount to Rs 13310 in 18 months?

13310 ,P=rs. 10000,t= 3 years. 100÷10=x. hence ,the required rate =10\%p.

At what rate percent compound interest would rupees 10000 amount to rupees 14992 in 18 years?

Answer: Rate of interest is 10\%.

What is principal amount and rate?

Principal amount – the amount borrowed in a loan. Interest – a rate paid as a fee for borrowing money. Simple interest formula – a formula to calculate interest paid only on the principal amount: I = PRT.

At what percentage per annum will rupees 10000 amount to rupees 17280 in 3 years?

10,000 amount to 17,280 in three years? (Compound Interest being reckoned) 20\%

When a sum of 10000 is compounded annually rupees 13310 is obtained after three years find the rate of interest?

Ans is given 10 \% per annum.

What principal will amount to rupees 13310 in 3 years at 10\% per annum compound interest?

Detailed Solution. ∴ Principal amount is Rs. 10000.

How do I calculate principal percentage?

Using the interest rate formula, we get the interest rate, which is the percentage of the principal amount, charged by the lender or bank to the borrower for the use of its assets or money for a specific time period. The interest rate formula is Interest Rate = (Simple Interest × 100)/(Principal × Time).

What is the rate of interest on principal of Rs 1000?

(v) Principal = Rs 1000, Rate of Interest = 10\% per annum and Time = 73 days. (i) Given Principal = Rs 2000, Rate of Interest = 5\% per annum and Time = 5 years. (ii) Given Principal = Rs 500, Rate of Interest = 12.5\% per annum and Time = 4 years.

What is the rate of interest on 4500 rupees loan?

(iii) Principal = Rs 4500, Rate of Interest = 4\% per annum and Time = 6 months. (iv) Principal = Rs 12000, Rate of Interest = 18\% per annum and Time = 4 months. (v) Principal = Rs 1000, Rate of Interest = 10\% per annum and Time = 73 days.

What is the rate of interest on loan of Rs 400?

A sum of Rs 400 is lent for 3 years at the rate of 6\% per annum. Find the interest. Rate of interest R = 6\% p.a. 5. A person deposits Rs 25000 in a firm who pays an interest at the rate of 20\% per annum. Calculate the income he gets from it annually. Rate of interest R = 20\% p.a.

How do you find the principal if the interest rate is 100?

Example 3. If you borrow $1200 at a 5\% annual interest rate, how long will it take for the total amount owed to reach $1300? Example 4. Find the principal if the simple interest in 14 days at 25\% per annum is 100. Ans. P = SI/ (r×t) = 100/ ( (25/100/365)*14) = 10428.57