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Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after 
?
?- a)Rs. 28275
- b)Rs. 36275
- c)Rs. 33275
- d)Rs. 38275
Correct answer is option 'C'. Can you explain this answer?
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Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amou...
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Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amou...
Principal Amount:
- Raghu borrowed Rs. 25000.
Rate of Interest:
- The rate of interest is 20% p.a.
Compounding:
- The interest is compounded half-yearly.
Time Period:
- The time period is 112 years.
Calculation:
To find the amount of money that will clear Raghu's debt after 112 years, we need to calculate the compound interest.
Formula for Compound Interest:
- A = P(1 + r/n)^(nt)
Where:
A = Final amount
P = Principal amount
r = Rate of interest
n = Number of times interest is compounded per year
t = Time period in years
Calculation of Compound Interest:
- P = Rs. 25000
- r = 20% = 20/100 = 0.2
- n = 2 (compounded half-yearly)
- t = 112 years
- A = 25000(1 + 0.2/2)^(2*112)
- A = 25000(1 + 0.1)^224
- A = 25000(1.1)^224
- A = 25000(80.032)
- A = Rs. 2000800
Final Amount:
- The amount of money that will clear Raghu's debt after 112 years is Rs. 2000800.
Therefore, the correct answer is option C) Rs. 33275.
- Raghu borrowed Rs. 25000.
Rate of Interest:
- The rate of interest is 20% p.a.
Compounding:
- The interest is compounded half-yearly.
Time Period:
- The time period is 112 years.
Calculation:
To find the amount of money that will clear Raghu's debt after 112 years, we need to calculate the compound interest.
Formula for Compound Interest:
- A = P(1 + r/n)^(nt)
Where:
A = Final amount
P = Principal amount
r = Rate of interest
n = Number of times interest is compounded per year
t = Time period in years
Calculation of Compound Interest:
- P = Rs. 25000
- r = 20% = 20/100 = 0.2
- n = 2 (compounded half-yearly)
- t = 112 years
- A = 25000(1 + 0.2/2)^(2*112)
- A = 25000(1 + 0.1)^224
- A = 25000(1.1)^224
- A = 25000(80.032)
- A = Rs. 2000800
Final Amount:
- The amount of money that will clear Raghu's debt after 112 years is Rs. 2000800.
Therefore, the correct answer is option C) Rs. 33275.
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Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer?
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Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer?.
Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer?.
Solutions for Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 8.
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Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Raghu borrowed Rs. 25000 at 20% p.a. compounded half-yearly. What amount of money will clear his debt after ?a)Rs. 28275b)Rs. 36275c)Rs. 33275d)Rs. 38275Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 8 tests.
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