The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in y

Sail E0 Webinar

Question

The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in years) is = ?

Options:

A . 2 years

B . $${\text{2}}\frac{1}{2}$$ years

C . 3 years

D . 4 years

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question

Submit Solution

More Questions on This Topic :

Question 1. Rs.2000 amounts to Rs. 2226.05 in 2 years at compound interest. What will be the rate of interest ?....

Question 2. The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same s....for 3 years at 6% per annum is = ?

Question 3. The difference between compound and simple interest on a certain sum for 3 years at 5% per annum is Rs. 122. The sum is ....per annum is Rs. 122. The sum is = ?

Question 4. A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest, compounded an....annually. The rate of interest per annum is = ?

Question 5. Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal annual installment. If the rate of ....annually, then the value of each installment is = ?

Question 6. A sum of Rs. 13360 was borrowed at $${\text{8}}\frac{3}{4}$$ % per annum compound interest and paid back in two years in....annual installments. What was the amount of each installment ?

Question 7. A man invests Rs 4000 for 3 years at compound interest. After one year the money amounts to Rs. 4320. What will be the a....nearest rupee) due at the end of 3 years ?

Question 8. An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half yearly. What is the rate of compo....yearly. What is the rate of compound interest p.c.p.a. ?

Question 9. In how many years will a sum of Rs. 800 at 10% per annum compounded semi annually become Rs. 926.10?....

Question 10. A loan of Rs. 12300 at 5% per annum compound interest, is to be repaid in two equal annual installments at the end of ev....of every year. Find the amount of each installment ?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Chapter 3.1 : Overview of Finance & Accounts Department Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An overview Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024