What is the amount of interest on Rs 20000 for one year?
Rs 2000
Rs 1500
Rs 1000
Rs 1200
From the line graph, the interest on Rs 2000 is Rs 120.
Hence, amount of interest on Rs 20000 will be Rs 1200.
Find the compound interest on Rs.20000 at 4% per annum for two years compounded quarterly.
What is the compound interest received on Rs 20000 invested for 1 year at the rate of 6% per annum compounded half yearly?
The interest earned on Rs. 20000 at the rate of 20% per annum for 1.5 years if compounded semi annually is how much more than the simple interest earned on the same amount with the same rate of interest for the same period.