हिंदी

A loan of ₹ 15000 was taken on compound interest. If the rate of compound interest is 12 p.c.p.a. find the amount to settle the loan after 3 years.

Advertisements
Advertisements

प्रश्न

A loan of ₹ 15000 was taken on compound interest. If the rate of compound interest is 12 p.c.p.a. find the amount to settle the loan after 3 years.

योग
Advertisements

उत्तर

Here, P = ₹15000, R = 12 p.c.p.a., N = 3 years

We know that,

A = `P(1 + R/100)^N`

A = `15000(1 + 12/100)^3`

= `15000(1 + 3/25)^3`

= `15000(28/25)^3`

= `15000 xx 28/25 xx 28/25 xx 28/25`

= `(24 xx 28 xx 28 xx 28)/25`

= `526848/25`

= 21073.92

Hence, the amount is ₹ 21073.92.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Compound interest - Practice Set 14.2 [पृष्ठ ९३]

APPEARS IN

बालभारती Mathematics [English] Standard 8 Maharashtra State Board
अध्याय 14 Compound interest
Practice Set 14.2 | Q 6 | पृष्ठ ९३
बालभारती Mathematics Integrated [English] Standard 8 Maharashtra State Board
अध्याय 14 Compound Interest
Practice Set 14.2 | Q 6. | पृष्ठ ४८

संबंधित प्रश्न

In a laboratory, the count of bacteria in a certain experiment was increasing at the rate of 2.5% per hour. Find the bacteria at the end of 2 hours if the count was initially 5,06,000.


Compute the amount and the compound interest in  the following by using the formulae when:
Principal = Rs 3000, Rate = 18%, Time = 2 years


Compute the amount and the compound interest in  the following by using the formulae when:
Principal = Rs 5000, Rate = 10 paise per rupee per annum, Time = 2 years


The population of a certain city was 72000 on the last day of the year 1998. During next year it increased by 7% but due to an epidemic it decreased by 10% in the following year. What was its population at the end of the year 2000?


Jitendra set up a factory by investing Rs 2500000. During the first two successive years his profits were 5% and 10% respectively. If each year the profit was on previous year's capital, compute his total profit.


Sameerrao has taken a loan of ₹ 12500 at a rate of 12 p.c.p.a. for 3 years. If the interest is compounded annually, then how many rupees should he pay to clear his loan?


A shepherd has 200 sheep with him. Find the number of sheep with him after 3 years if the increase in the number of sheep is 8% every year.


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.


Find the difference between simple interest and compound interest on ₹ 20000 at 8 p.c.p.a.


The population of a town was decreasing every year due to migration, poverty and unemployment. The present population of the town is 6,31,680. Last year the migration was 4% and the year before last, it was 6%. What was the population two years ago?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×