हिंदी

A Man Lends Rs. 12,500 at 12% for the First Year, at 15% for the Second Year and at 18% for the Third Year. If the Rates of Interest Are Compounded Yearly ; Find the Difference Between the C.I.

Advertisements
Advertisements

प्रश्न

A man lends  Rs. 12,500 at 12% for the first year, at 15% for the second year and at 18% for the third year. If the rates of interest are compounded yearly ; find the difference between the C.I. fo the first year and the compound interest for the third year.

योग
Advertisements

उत्तर

For 1st year

P = Rs. 12500; R = 12%; T = 1 year

I = `[ 12500 xx 12 xx 1]/100` = Rs. 1500

A = 12500 + 1500 = Rs. 14000

For 2nd year

P = Rs. 14000; R = 15%; T = 1 year

I = `[14000 xx 15 xx 1]/100` = Rs. 2100

A = 14000 + 2100 = Rs. 16100

For 3rd year

P = Rs. 16100; R = 18%; T = 1 year

I = `[16100 xx 18 xx 1]/100`= Rs. 2898

A = 16100 + 2898 = Rs. 18,998

Difference between the compound interest of the third year and first year

= Rs. 2893 - Rs. 1500

= Rs. 1398

shaalaa.com
Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Compound Interest (Stage 1) [Basic Concepts] - Exercise 2 (B) [पृष्ठ ३३]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 2 Compound Interest (Stage 1) [Basic Concepts]
Exercise 2 (B) | Q 2 | पृष्ठ ३३

संबंधित प्रश्न

Mr Kumar borrowed Rs. 15000 for two years. The rates of interest for two successive years are 8% and 10% respectively. If he repays Rs. 6200 at the end of the first year, find the outstanding amount at the end of the second year.


A sum of Rs. 65000 is invested for 3 years at 8 % p.a. compound interest.

Find the compound interest earned in the last year.


Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest,

Find the interest earned in the third year.


Archana borrowed Rs 18,000 from Ritu at 12% p.a. compound interest. If at the end of the 1st, 2nd, and 3rd years, Archana returned Rs 5,250, Rs 5,875 and Rs 6,875 respectively, find the amount Archana has to pay Ritu at the end of the 4th year to clear her debt.


Calculate the amount and the compound interest on:

Rs. 8,000 in `2 1/2` years at 15% per year.


Calculate the amount and the compound interest on:

Rs. 16,000 in 3 years, when the rates of the interest for successive years are 10%, 14% and 15% respectively.


A sum of money is lent at 8% per annum compound interest. If the interest for the second year exceeds that for the first year by Rs. 96, find the sum of money.


A man borrows Rs. 6,000 at 5% C.I. per annum. If he repays Rs. 1,200 at the end of each year, find the amount of the loan outstanding at the beginning of the third year.


On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is  Rs. 180/- Find the sum lent out, if the rate of interest in both the cases is 10% per annum.


A manufacturer estimates that his machine depreciates by 15% of its value at the beginning of the year. Find the original value (cost) of the machine, if it depreciates by Rs. 5,355 during the second year.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×