SSC Exam > SSC Questions > The simple interest on a certain sum at 12% p...
Start Learning for Free
The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?
- a)Rs. 1,886.50
- b)Rs. 2,012.40
- c)Rs. 1,913.60
- d)Rs. 1,840
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
The simple interest on a certain sum at 12% per annum for 3 years is R...
Let the amount invested be x,
Simple interest earned on it = (x × 12 × 3) /100 = 4140
⇒ x = (4140 × 100) / (12 × 3)
⇒ x = 11500
Compound interest earned on it for 2 years at 8% = 11500(1 + 8/100)2 – 11500
⇒ CI = 11500(1.08)2 – 11500
∴ CI = Rs. 1,913.60
Simple interest earned on it = (x × 12 × 3) /100 = 4140
⇒ x = (4140 × 100) / (12 × 3)
⇒ x = 11500
Compound interest earned on it for 2 years at 8% = 11500(1 + 8/100)2 – 11500
⇒ CI = 11500(1.08)2 – 11500
∴ CI = Rs. 1,913.60
Most Upvoted Answer
The simple interest on a certain sum at 12% per annum for 3 years is R...
Let the amount invested be x,
Simple interest earned on it = (x × 12 × 3) /100 = 4140
⇒ x = (4140 × 100) / (12 × 3)
⇒ x = 11500
Compound interest earned on it for 2 years at 8% = 11500(1 + 8/100)2 – 11500
⇒ CI = 11500(1.08)2 – 11500
∴ CI = Rs. 1,913.60
Simple interest earned on it = (x × 12 × 3) /100 = 4140
⇒ x = (4140 × 100) / (12 × 3)
⇒ x = 11500
Compound interest earned on it for 2 years at 8% = 11500(1 + 8/100)2 – 11500
⇒ CI = 11500(1.08)2 – 11500
∴ CI = Rs. 1,913.60
Free Test
FREE
| Start Free Test |
Community Answer
The simple interest on a certain sum at 12% per annum for 3 years is R...
Let the amount invested be x,
Simple interest earned on it = (x × 12 × 3) /100 = 4140
⇒ x = (4140 × 100) / (12 × 3)
⇒ x = 11500
Compound interest earned on it for 2 years at 8% = 11500(1 + 8/100)2 – 11500
⇒ CI = 11500(1.08)2 – 11500
∴ CI = Rs. 1,913.60
Simple interest earned on it = (x × 12 × 3) /100 = 4140
⇒ x = (4140 × 100) / (12 × 3)
⇒ x = 11500
Compound interest earned on it for 2 years at 8% = 11500(1 + 8/100)2 – 11500
⇒ CI = 11500(1.08)2 – 11500
∴ CI = Rs. 1,913.60
|
Explore Courses for SSC exam
|
|
Similar SSC Doubts
The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer?
Question Description
The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer?.
The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer?.
Solutions for The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC.
Download more important topics, notes, lectures and mock test series for SSC Exam by signing up for free.
Here you can find the meaning of The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer?, a detailed solution for The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4,140. What is the compound interest on the same sum at 8% for two years?a)Rs. 1,886.50b)Rs. 2,012.40c)Rs. 1,913.60d)Rs. 1,840Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice SSC tests.
|
|
Explore Courses for SSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup