Question

At what rate Rs. 3500 will yield the compound interest Rs 735 in two years?

Answer 1

Answer:

Ans. Here ... P = Rs 8000 – Rs 4500 = Rs 3500, R = 6%, ... Find the compound interest on Rs 14000 for 2 years at the rate of 5% per annum. Ans. ... Rs 735Amount at the end of 2nd year = Rs 14700 + Rs 735 = Rs 15435.

Step-by-step explanation:

Answer 2

Answer:

10% per annum

Step-by-step explanation:

According to question,

            P = 3500

         C.I. = 735

            A = 3500 + 735

                = 4235

             T = 2 years

             R = ?

          $A = P(1+\frac{R}{100} )^2\\4235 = 3500(1+\frac{R}{100} )^2\\\frac{4235}{3500} = (1+ \frac{R}{100} )^2\\\sqrt{1.21} = 1+ \frac{R}{100}\\1.1-1=\frac{R}{100}\\0.1=\frac{R}{100}\\R =10% p.a.$

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