Question

On a certain rate of interest a sum of rs 5000 becomes rs 16,200 in certain years at compound interest. In half of the time given, this sum will become?

Answer 1

If the difference between Simple Interest and Compound Interest at 10% p.a rate of interest for 3 years is Rs. 930, then find the Sum. On a certain rate of interest a sum of Rs 5000 becomes Rs 16,200 in certain years at compound interest. In half of the time given, this sum will become 0.

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Answer 2

Answer:

9000

Step-by-step explanation:

Hence, a : x = x : c

a = 5000

c= 16,200

∴ 5000 : x = x : 16,200

⇒

5000x=x16,200

⇒

x2=5000×16,200

⇒

x=5000×16,200−−−−−−−−−−−√

⇒

x=9000

∴ The amount at the end of the half time period is Rs. 9000.