Question 37If amount on the principal of Rs 6000 is written as 6000 1-5-100 3 and compound interest payable half-yearly- then rate of interest per annum is and time in years is -

If amount on the principal of Rs 6000 is written as 6000 (1+5/100 )^3 and compound interest payable half yearly, then rate of interest per annum is 10 ...

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Standard VIII

Mathematics

Understanding Compound Interest (Rate Compounded Semi Annually)

Question 37If...

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Question 37

If amount on the principal of Rs 6000 is written as $6000 {(1 + \frac{5}{100})}^{3}$ and compound interest payable half-yearly, then rate of interest per annum is _ and time (in years) is _.

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Solution

If amount on the principal of Rs 6000 is written as $6000 {(1 + \frac{5}{100})}^{3}$ and compound interest payable half-yearly, then rate of interest per annum is 10% and time (in years) is $1 \frac{1}{2} y r$

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Q. Compute the amount and the compound interest in each of the following by using the formulae when:
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Understanding Compound Interest (Rate Compounded Semi Annually)

Standard VIII Mathematics

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Question 37 If amount on the principal of Rs 6000 is written as 6000(1+5100)3 and compound interest payable half-yearly, then rate of interest per annum is ___ and time (in years) is ___.

If amount on the principal of Rs 6000 is written as 6000(1+5100)3 and compound interest payable half-yearly, then rate of interest per annum is 10% and time (in years) is 112yr

Question 37

If amount on the principal of Rs 6000 is written as $6000 {(1 + \frac{5}{100})}^{3}$ and compound interest payable half-yearly, then rate of interest per annum is _ and time (in years) is _.

If amount on the principal of Rs 6000 is written as $6000 {(1 + \frac{5}{100})}^{3}$ and compound interest payable half-yearly, then rate of interest per annum is 10% and time (in years) is $1 \frac{1}{2} y r$