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The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.
- a)Rs.320
- b)Rs.322
- c)Rs.325
- d)Rs.326
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the ...
CI = A-P
CI = P(1+R/100)2-P
328 = P[(1+5/100)2-1]
328 = P*41/400
P = 3200
SI = 3200*2*5/100 = 320
CI = P(1+R/100)2-P
328 = P[(1+5/100)2-1]
328 = P*41/400
P = 3200
SI = 3200*2*5/100 = 320
Most Upvoted Answer
The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the ...
Given Information:
- Compound Interest (CI) for 2 years at 5% is Rs. 328.
To Find:
- Simple Interest (SI) for the same sum and period at the same rate.
Calculations:
- Let the principal amount be P.
- Given, CI = Rs. 328, Rate = 5%, Time = 2 years.
Formula for Compound Interest:
- CI = P(1 + r/100)^t - P
- 328 = P(1 + 5/100)^2 - P
- 328 = P(21/20)^2 - P
- 328 = P(441/400) - P
- 328 = (441P - 400P) / 400
- 328 = 41P / 400
- P = (328 * 400) / 41
- P = Rs. 3200
Formula for Simple Interest:
- SI = P * r * t / 100
- SI = 3200 * 5 * 2 / 100
- SI = Rs. 320
Therefore, the Simple Interest for the given sum at the same rate and for the same period is Rs. 320, which corresponds to option 'A'.
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The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the ...
320
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The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer?
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The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. 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 The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. 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 The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer?.
The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. 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 The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. 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 The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer?.
Solutions for The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 8.
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The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The C.I. on a certain sum at 5% for 2 years is Rs. 328. Calculate the S.I. for the sum at the same rate and for the same period.a)Rs.320b)Rs.322c)Rs.325d)Rs.326Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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