Flag Discuss with colleagues and IITians> compound interest...
question mark

rs. 1000 becomes 2000 in 5 yrs. If the compound interest is credited half-yearly, then find the rate of interest per annum....?

Aditi Chauhan , 14 Years ago
Grade 10
anser 1 Answers
Chetan Mandayam Nayakar

2000 =1000(1+((r/100)/2))^10, r is rate of interest per annum

ApprovedApproved
Last Activity: 14 Years ago
star
LIVE ONLINE CLASSES

Prepraring for the competition made easy just by live online class.

tv

Full Live Access

material

Study Material

removal

Live Doubts Solving

assignment

Daily Class Assignments