How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?

  • Aptitude
  • Simple and compound interest


A) Rs. 26800

B) Rs. 27300

C) Rs. 28500

D) Rs. 30000

Correct Answer:

B) Rs. 27300

Description for Correct answer:
With smart approach

Principal Amt.=Rs. 25000

Time = 2 years

R1 = 4 %, R2 = 5 % Annually

\( \Large 4 %=\frac{1}{25}, 5 %=\frac{1}{20} \)

How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?

So amount will be Rs. 27300 after 2 years

Part of solved Simple and compound interest questions and answers : >> Aptitude >> Simple and compound interest

The amount on Rs. 25,000 in 2 years at annual compound interest, if the rates for the successive years be 4% and 5% per annum respectively is: (1) Rs. 30,000 (2) Rs. 26,800 fa) Rs. 27.300 (4) Rs. 28,500

Correct Option: C

Given that , Principal = Rs. 25,000 , Time = 2 years , R1 = 4% , R2 = 5%
Using the given formula ,

Amount = P
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
1 + R1
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
1 + R2
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
100 100

Amount = 25000
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
1 + 4
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
1 + 5
How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?
100 100

Amount = 25000 × 104 × 105
100 100

Amount = Rs. 27300

How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?


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Updated On: 27-06-2022

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Text Solution

Solution : Amount`=P(1+r/100)^t`<br> Amount`=25000(1+4/100)^1`<br> After 2 years <br> Amount`=25000(1+4/100)(1+5/100)`<br> `A=27300`<br> option c is correct.

Answer

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How much will rupees 25000 amount to in 2 years if the rate of successive years before per annum and 5 per annum respectively?

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How much will 25000 amount to in 2 years if the rate for successive years be 4% per annum and 5% per annum respectively?

Here P = Rs. 25000, t = 2 years, r = 4%, 5% successively. Hence, Amount = Rs. 27300.

How much will rupees 25000 amount to in 2 years at compound interest if the rate for the successive years before and 5% per year?

Solution : Amount`=P(1+r/100)^t`<br> Amount`=25000(1+4/100)^1`<br> After 2 years <br> Amount`=25000(1+4/100)(1+5/100)`<br> `A=27300`<br> option c is correct.

At what rate of compound interest will 25000 become 36000 in two years and also find the compound interest?

So, rate of interest is Rs = 20% per annum.