EASY
8th CBSE
IMPORTANT
Earn 100

If P is the sum on which interest is compounded annually at a rate of R% per annum, then the amount at the end of n years, will be A =P1+Rkn, then k=

66.67% studentsanswered this correctly

Important Questions on Comparing Quantities

EASY
8th CBSE
IMPORTANT

_____ =A-P. (Interest / Rate)  

EASY
8th CBSE
IMPORTANT

The time period after which the interest is added each time to form a new principal, is called the _____. (interest period / conversion period) 

EASY
8th CBSE
IMPORTANT

When the interest is compounded half-yearly, there are _____ (two / one) conversion periods in a year.

EASY
8th CBSE
IMPORTANT

If the interest is compounded half-yearly, then rate will be _____ of the annual rate. (half / one-fourth)

EASY
8th CBSE
IMPORTANT

If the interest is compounded quarterly, then there will be _____  conversion periods in a year. (two / four)

EASY
8th CBSE
IMPORTANT

If interest is compounded quarterly, then rate will be _____ of the annual rate. (One-fourth / One-third/ Half / Three-fourth).

EASY
8th CBSE
IMPORTANT

To calculate the growth of a bacteria if the rate of growth is known, then the formula for calculation of amount in compound interest can be used.

EASY
8th CBSE
IMPORTANT

Compound interest is the interest calculated on the previous year's amount ?