# what is the difference between the compound interest on rs 5000 for 1.5 years at 4

### Mohammed

Guys, does anyone know the answer?

get what is the difference between the compound interest on rs 5000 for 1.5 years at 4 from screen.

## What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4

Click here👆to get an answer to your question ✍️ What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4

What is the difference between the compound interests on Rs. 5000 for 1Question 2 1

years at 4% per annum compounded yearly and half-yearly ?

**A**

## Rs. 2.04

**B**

## Rs. 3.06

**C**

## Rs. 4.80

**D**

## Rs. 8.30

Easy Open in App

Updated on : 2022-09-05

Solution Verified by Toppr

Correct option is A)

C.I yearlyPrincipal=5000 Rs. Time =1.5 years Interest rate=4 % Amount=5000(1+ 100 4 )(1+ 100 2 ) ⇒5000× 100 104 × 100 102 ⇒5304Rs.

Then C.I=5304−5000=304Rs.

C.I.half yearly Principal=5000 Rs

Time=1.5 years=3 quarter

Rate =4% Amount=5000(1+ 100 2 )(1+ 100 2 )(1+ 100 2 ) ⇒5000× 100 102 × 100 102 100 102 ⇒5306.40

Then C.I=5306.40−5000=306.04

Diference between C.I.=306.04−304=2.04Rs.

Was this answer helpful?

173 36

## What is the difference between the compound interest on ₨ 5000 for 1.5 years at 4% per annum and half yearly?

What is the difference between the compound interest on ₨ 5000 for 1.5 years at 4% per annum and half yearly?

Home > English > Class 10 > Maths > Chapter >

Compound Interest And Uniform Rate Of Increase Or Decrease

>

What is the difference between...

What is the difference between the compound interest on ₨ 5000 for 1.5 years at 4% per annum and half yearly?

Updated On: 27-06-2022

00 : 12

UPLOAD PHOTO AND GET THE ANSWER NOW!

Text Solution Open Answer in App A ₨. 3.06 B ₨. 2.04 C ₨. 4.80 D ₨. 8.30

Answer

Step by step solution by experts to help you in doubt clearance & scoring excellent marks in exams.

## Related Videos

647452663 300 3.7 K 4:09

What is the difference between the compound interests on Rs. 5000 for

1 1 2 112

year at 4% per annum compounded yearly and half-yearly?

646401154 0 6.9 K 3:39

What is the difference between the compound interests on Rs 5000 for

1 1 2 112

years at 4% per annum compounded yearly and half-yearly? (a) Rs 2.04 (b) Rs 3.06 (c) Rs 4.80 (d) Rs 8.30

446648289 23 6.5 K 6:59

What is difference between compound interest on 7 5000 for 2 yr at 4% per annum when the interest is compounded yearly and half-yearly?

646302601 0 9.5 K 2:09

Find the compound interest on ₹ 5000 for one year at 4% per annum, the interest being compound half yearly

22546283 0 5.4 K 5:45

यदि ब्याज वार्षिक अथवा अर्ध वार्षिक सयोजिता हो तो , 5000 की राशि पर 4 % वार्षिक दर से

1 1 2 112

वर्ष मे चक्रवृद्धि ब्याज के अन्तर क्या होगा |

646465831 0 3.2 K 3:14

₹ 5000 की राशि पर 4% चक्रवृद्धि ब्याज की दर से 1.5 वर्ष के चक्रवृद्धि ब्याज का अंतर ज्ञात कीजिए यदि ब्याज की गणना वार्षिक तथा अर्द्धवार्षिक रूप से कि जाये?

Show More Comments

Add a public comment...

Follow Us:

Popular Chapters by Class:

Class 6 Algebra

Basic Geometrical Ideas

Data Handling Decimals Fractions Class 7

Algebraic Expressions

Comparing Quantities

Congruence of Triangles

Data Handling

Exponents and Powers

Class 8

Algebraic Expressions and Identities

Comparing Quantities

Cubes and Cube Roots

Data Handling

Direct and Inverse Proportions

Class 9

Areas of Parallelograms and Triangles

Circles Coordinate Geometry Herons Formula

Introduction to Euclids Geometry

Class 10

Areas Related to Circles

Arithmetic Progressions

Circles Coordinate Geometry

Introduction to Trigonometry

Class 11 Binomial Theorem

Complex Numbers and Quadratic Equations

Conic Sections

Introduction to Three Dimensional Geometry

Limits and Derivatives

Class 12

Application of Derivatives

Application of Integrals

Continuity and Differentiability

Determinants

Differential Equations

Privacy Policy

Terms And Conditions

Disclosure Policy Contact Us

## What is the difference between compound interest on Rs. 5000 for 1.5 years at 4% per annum accordingly as the interest is compounded yearly and half yearly?

Answer (1 of 2): Hi, Raj, let me try to answer your question. Keep in mind I’m no bookkeeper or finance consultant but just an ordinary guy thinking he can solve your problem. What is the difference between compound interest per annum and that compounded yearly and half yearly? The latter can be ...

What is the difference between compound interest on Rs. 5000 for 1.5 years at 4% per annum accordingly as the interest is compounded yearly and half yearly?

Ad by Amazon Web Services (AWS)

AWS is how.

AWS removes the complexity of building, training, and deploying machine learning models at any scale.

Sort

Rajendra Kumar Phophalia

BE from Birla Institute of Technology and Science, PilaniAuthor has 4.8K answers and 1.5M answer views2y

Half yearly interest=5000(1.02)^3–5000=306.04Rs. Annual basis interest will be=1.02(5000×1.04)-5000=304. So difference is 2.04 Rs.

Related questions

What is the difference between the compound interest on Rs 5000 for 3/2 years at 4% per annum according as the interest is compounded yearly or half-yearly?

The difference between the simple interest and the compound interest on Rs. 600 for 1 year at 10% per annum, reckoned half yearly is?

What is the difference between the compound interest compounded yearly and half-yearly on Rs. 10,000 for 18 months at 10% per annum?

What will be the amount and the compound interest on ₹ 80000 for 1.5 years at 10% per annum, the interest being compounded half-yearly?

What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?

Christopher Keahi

Former Retired Clergyman (1965–2020)Author has 332 answers and 109.3K answer views2y

Hi, Raj, let me try to answer your question. Keep in mind I’m no bookkeeper or finance consultant but just an ordinary guy thinking he can solve your problem. What is the difference between compound interest per annum and that compounded yearly and half yearly? The latter can be considered “semi-annually”. Your example: Rs 5000 at 4% per annum means you will earn Rs 400 at the end of the year. Added is the 6 months (half a year) or semi-annually will result in your receiving Rs 200 in interest. Hence for the year and a half that you invested Rs 5000, you will receive Rs 600 in compounded inter

Sponsored by Aspose

Need an OCR library for Java-based applications?

Aspose.OCR for Java is powerful library capable of performing OCR on commonly used image types.

Harish Joshi

B.Tech in Electronics and Communication Engineering, BTKIT Dwarahat - Formerly KEC (Graduated 2016)Author has 113 answers and 279.3K answer views2y

Related

What is the compound interest on Rs 2000 for 9 months at 8% per annum being given when the interest is reckoned half yearly?

Answer... Avinash Kumar

Software Engineer at Accolite Software India (company) (2018–present)Author has 67 answers and 69K answer views2y

Related

What is the difference between the compound interest on ₹ for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

I will assume Principle to be let's say 2500.

So in first case CI will be interest in first year and half the interest in second year. So at 4% in first year interest is 100. In second year interest is (100 + 4)/2 that is 52. (interest on interest of first year). So total is 152.

Now for second case as it is half yearly compounded there will be three cycles of 2% each. (rate is halved)

CI 1st cycle: 50 ( 2% interest of 2500)

CI 2nd cycle: 50 + 1 (2% interest of 2500 and 50)

CI 3rd cycle : 50 + 2 + .02 (2% interest of 2500 and earlier interest of 50, 50, 2)

So total interest is 153.02

Now I can find t Vijay A. Verma

Lived in Pune, Maharashtra, IndiaAuthor has 64 answers and 31.5K answer views1y

Related

What is the difference between the compound interests on Rs.8000 for 1(1/2) years at 5% per annum compounded yearly and half-yearly?

Use this formula in Excel

For yearly compounding =FV(5%,1.5,,-8000) - 8000 = 607.44

For half yearly compounding =FV(5%/2,3,,-8000) - 8000 = 615.13

GAP = 615.13 - 607.44 = 7.69

For paper calculation using formula

Yearly = =8000*(1+5%)^1.5 - 8000

Half Yearly =8000*(1+5%/2)^3 - 8000

Now, if you use pen and paper calculation by calculating year and on year (Pen and paper calculation compared to Excel / formula differ little bit when final compounding periods are fractional)

For yearly compounding

Interest at end of one year = 8000*5% = 400

For final 6 months compounding = (8000+400)*5%/2 = 210

Total interest Sponsored by Sirv

Try Sirv - a better Cloudinary alternative.

Unlimited transformations. Delightful DAM interface. Get your team on board. Try Sirv today.

Sanjiv Soni

Former Pvt TutorAuthor has 2.7K answers and 864K answer views1y

Related

What is the difference between the compound interests on Rs. 10,000 for 1 whopping years at 4% per annum compounded yearly and half-yearly?

A) compound interest on Rs 10000 for a year at 4% per annum compounded yearly

P=Rs.10000,R=4%,i=R/100=4/100=0.04,N=1 year

Use the formula for compound interest

A=P(1+I)^N=10000(1+0.04)^1=10000(1.04)

=Rs10400

Compound interest=amount--sum

=10400–10000=Rs.400

B) compound interest on Rs .10000 for a year at the rate of interest per annum=4% , compounded half yearly

P=10000, R=4/2=2%, I=R/100=2/100=0.02

N=2 period of 6 months

A=P(1+I)^N…(formula for compound interest)

A=10000(1+0.02)^2=10000(1.02)^2

=10000(1.0404)=Rs.10404

Guys, does anyone know the answer?