What is CI on rs 7500 for 4 years if the rate of interest is 10% pa for the first 2 years and 20% pa for the next 2 year?

Find the amount and the compound interest on Rs. 20000 for 1 1/2 years at 10% per annum compounded half yearly.

Open in App

Suggest Corrections

22

practice

What is $$CI$$ on $$Rs.7500$$ for $$4$$ years if the rate of interest is $$10\%$$ p.a. for the first $$2$$ years and $$20\%$$ p.a. for the next $$2$$ year ?

  • A

    $$Rs. 5273$$
  • A

    $$Rs. 5273$$
  • B

    $$Rs. 5568$$
  • B

    $$Rs. 5568$$
  • C

    $$Rs. 5724$$
  • C

    $$Rs. 5724$$
  • D

    $$Rs. 5325$$
  • D

    $$Rs. 5325$$
What is CI on rs 7500 for 4 years if the rate of interest is 10% pa for the first 2 years and 20% pa for the next 2 year?