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 (Without using formula) - Exercise 2 (B) [पृष्ठ ३३]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 2 Compound Interest (Without using formula)
Exercise 2 (B) | Q 2 | पृष्ठ ३३

संबंधित प्रश्न

If a, b, c are in continued proportion, prove that (a + b + c) (a – b + c) = a2 + b2 + c2


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 sum due at the end of the first year.


Neha loaned Rs 27500 to a friend for 1 3/4 years at 8 % p.a. compound interest. Find the interest earned by her.


Neena's savings increases by Rs 1,000 every year. If she saves Rs 4,000 in the first year and invests it at 15% compound interest, find her total savings at the end of the third year.


Find the sum invested at `12  1/2` p.a. compound interest on which the interest for the third year exceeds that of the first year by Rs 531.25.


Calculate the amount and cornpound interest for the following, when cornpounded annually: 

Rs 25,000 for 3 years at 8 % p.a. 


Calculate the compound interest for the second year on ₹ 8,000/- invested for 3 years at 10% per annum.


Govind borrows Rs 18,000 at 10% simple interest. He immediately invests the money borrowed at 10% compound interest compounded half-yearly. How much money does Govind gain in one year?


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×