Advertisements
Advertisements
प्रश्न
A certain sum amounts to Rs 5832 in 2 years at 8% compounded interest. Find the sum.
Advertisements
उत्तर
Let the sum be P .
Thus, we have:
\[A = P \left( 1 + \frac{R}{100} \right)^n \]
\[5, 832 = P \left( 1 + \frac{8}{100} \right)^2 \]
\[5, 832 = 1 . 1664P\]
\[P = \frac{5, 832}{1 . 1664}\]
\[ = 5, 000\]
Thus, the required sum is Rs 5, 000.
APPEARS IN
संबंधित प्रश्न
Kamala borrowed Rs 26400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?
(Hint: Find A for 2 years with interest is compounded yearly and then find SI on the 2nd year amount for `4/12` years.)
Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much?
What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?
Mewa Lal borrowed Rs 20000 from his friend Rooplal at 18% per annum simple interest. He lent it to Rampal at the same rate but compounded annually. Find his gain after 2 years.
Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.
Anil borrowed a sum of Rs 9600 to install a handpump in his dairy. If the rate of interest is \[5\frac{1}{2} %\] per annum compounded annually, determine the compound interest which Anil will have to pay after 3 years.
Rakesh lent out Rs 10000 for 2 years at 20% per annum, compounded annually. How much more he could earn if the interest be compounded half-yearly?
Find the rate percent per annum if Rs 2000 amount to Rs 2662 in \[1\frac{1}{2}\] years, interest being compounded half-yearly?
Find the rate at which a sum of money will double itself in 3 years, if the interest is compounded annually.
When principal P is compounded semi-annually at r % per annum for t years, then amount ______.
