(C) Step $1$: Calculate the amount after $2$ years of compound interest $(C.I.)$.Amount $A = P(1 + R/100)^n$$A = 50000(1 + 10/100)^2 = 50000(1.1)^2 =

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

(C) Step $1$: Calculate the amount after $2$ years of compound interest $(C.I.)$.Amount $A = P(1 + R/100)^n$$A = 50000(1 + 10/100)^2 = 50000(1.1)^2 = 50000 \times 1.21 = Rs. 60500$.Step $2$: Calculate the simple interest $(S.I.)$ on this amount for $3$ years at $12 \%$ per annum.$S.I. = (P \times R \times T) / 100$$S.I. = (60500 \times 12 \times 3) / 100 = 605 \times 36 = Rs. 21780$.Step $3$: Calculate the final total amount.Final Amount = Principal for $S.I. + S.I. = 60500 + 21780 = Rs. 82280$.

Competitive Quantitative Aptitude Interest Compound Interest

Difficult

Aditya invests $Rs. 50,000$ in a fixed deposit at $10 \%$ $C.I.$ for $2$ years. At the end of $2$ years,she puts the money in another deposit at $12 \%$ $S.I.$ for $3$ years. What was the final value (in $Rs.$) of the initial investment?

A
$80000$
B
$81280$
C
$82280$
D
$83280$

Explore More

Browse All

Question Bank

All Subjects

Competitive Questions

Competitive

Quantitative Aptitude Questions

Chapter

Interest

Subtopic

Compound Interest

There is a $60 \%$ increase in an amount in $6$ years at simple interest. What will be the compound interest (in ₹) of ₹ $12000$ after $3$ years at the same rate?

Medium

View Solution

$A$ sum of money,deposited at some rate $p.c.p.a.$ of compound interest,doubles itself in $4$ years. In how many years will it become $16$ times of itself at the same rate?

Difficult

View Solution

The difference between the compound interest and simple interest on a certain sum at $5 \%$ per annum for $2$ years is ₹ $1.50$. The sum is (in ₹):

Easy

View Solution

If the compound interest on a certain sum of money for $2$ years is $Rs. 164$ whereas the simple interest for $3$ years at the same rate is $Rs. 240$ on the same sum,find the sum (in $Rs.$).

Medium

View Solution

₹ $3757$ is to be divided between $A$ and $B$ such that $A$'s share at the end of $7$ years may be equal to $B$'s share at the end of $9$ years. If the rate of interest is $10 \%$ per annum compounded annually,what is $B$'s share (in ₹)?

Difficult

View Solution

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial

For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free

For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo

Aditya invests $Rs. 50,000$ in a fixed deposit at $10 \%$ $C.I.$ for $2$ years. At the end of $2$ years,she puts the money in another deposit at $12 \%$ $S.I.$ for $3$ years. What was the final value (in $Rs.$) of the initial investment?

Similar Questions

There is a $60 \%$ increase in an amount in $6$ years at simple interest. What will be the compound interest (in ₹) of ₹ $12000$ after $3$ years at the same rate?

$A$ sum of money,deposited at some rate $p.c.p.a.$ of compound interest,doubles itself in $4$ years. In how many years will it become $16$ times of itself at the same rate?

The difference between the compound interest and simple interest on a certain sum at $5 \%$ per annum for $2$ years is ₹ $1.50$. The sum is (in ₹):

If the compound interest on a certain sum of money for $2$ years is $Rs. 164$ whereas the simple interest for $3$ years at the same rate is $Rs. 240$ on the same sum,find the sum (in $Rs.$).

₹ $3757$ is to be divided between $A$ and $B$ such that $A$'s share at the end of $7$ years may be equal to $B$'s share at the end of $9$ years. If the rate of interest is $10 \%$ per annum compounded annually,what is $B$'s share (in ₹)?

Vedclass Test Series

Exam Paper Generator

Online Exam Module