Capgemini
Company
Numerical Ability
Simple & Compound Interest
Karl invested Rs.4000 at 10% interest compounded annually. The interest he will receive after 2 years is:
Read Solution (Total 8)
-
- int=amount-pri
amount=p(1+r/100)^n
=4000*(1+10/100)^2
=4000*(110/100)*(110/100)
=4840
int=4840-4000=840 - 12 years agoHelpfull: Yes(30) No(0)
- Amount= P(1+10/100)^2
A=4000(110/100*110/100)
A=4840
CI=A-P=4840-4000=840 Rs
- 12 years agoHelpfull: Yes(8) No(0)
- int=p{(1+r/100)^n-1}
=4000*{(1+10/100)^2-1}
=4000*[(110/100)*(110/100)}-1]
=840
int=840 - 12 years agoHelpfull: Yes(4) No(0)
- 800
here p=4000,t=2,r=10 find i
we know i=ptr/100
i=4000*2*10/100
i=800 - 12 years agoHelpfull: Yes(2) No(21)
- ci=p{(1+r/100)^t-1}
==>4000{(1+10/100}^2-1}
==>840 - 11 years agoHelpfull: Yes(1) No(0)
- ci=p{(1+r/100)^t-1}
==>4000{(1+10/100}^2-1}
==>840 - 11 years agoHelpfull: Yes(1) No(0)
- please mail me to: bhanuvasamsetti.v@gmail.com
- 12 years agoHelpfull: Yes(0) No(6)
- We know that interest for C.I and S.I for the first year is always same so
For first year Interest will 10% of 4000=400
For second year interest will be 400+10% of 400=440
Total interest will be 400+440=840 - 8 years agoHelpfull: Yes(0) No(0)
Capgemini Other Question