Amount = Principle + Interest
A = P x `(1 + R/100)`N
In this Formula, A = Amount, P = Principle, R = Rate, N = Number of years
To start a business Shalaka has taken a loan of ₹8000 at a rate of 10 `1/2` p.c.p.a. After two years how much compound interest will she have to pay?
On the construction work of a flyover bridge there were 320 workers initially. The number of workers were increased by 25% every year. Find the number of workers after 2 years.
A shepherd has 200 sheep with him. Find the number of sheeps with him after 3 years if the increase in number of sheeps is 8% every year.
In a forest there are 40,000 trees. Find the expected number of trees after 3 years if the objective is to increase the number at the rate 5% per year.
The cost price of a machine is 2,50,000. If the rate of depreciation is 10% per year find the depreciation in price of the machine after two years.
Find the compound interest if the amount of a certain principal after two years is ₹4036.80 at the rate of 16 p.c.p.a.
A loan of ₹15000 was taken on compound interest. If the rate of compound interest s 12 p.c.p.a. find the amount to settle the loan after 3 years.