Syntel
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Numerical Ability
Simple & Compound Interest
an amount of 64 Rs has to become 125 in 3 years in compound interest , find the rate of interest?
Read Solution (Total 4)
-
- use formual amount= p(1+r/100)^n
p ====principal n==no of years r===rate of interest
125===64(1+r/100)^3
r===25 - 13 years agoHelpfull: Yes(25) No(1)
- Amount = P(1+r/100)^n where r is annual rate of interst in percent.
125 = 64(1+r/100)^3
125/64 = (1+r/100)^3
(1+r/100)=5/4
100+r=125
r=125-100=25
so rate of interest = 25% - 13 years agoHelpfull: Yes(8) No(1)
- ans : 0.25(1%4)
formula :
Final Amount(125)=Principal(63)*(1+i)^years(3) - 13 years agoHelpfull: Yes(0) No(3)
- P=64,T=3,S.I=(125-64)=61
S.I=P*R*T/100
61=64*R*3/100
R=6100/64*3
R=31.77
- 13 years agoHelpfull: Yes(0) No(11)
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