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A Sum of Money Placed at Compound Interest Compounded Annually Amounts to Rs 47,610 in 2 Years and to Rs 54,751.50 in 3 Years. Calculate the Rate of Interest and the Sum. - Mathematics

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प्रश्न

A sum of money placed at compound interest compounded annually amounts to Rs 47,610 in 2 years and to Rs 54,751.50 in 3 years. Calculate the rate of interest and the sum.

योग
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उत्तर

P = x ; r =? ; t= 2 and 3 years ; A= Rs 47,610 (2 years) (3 years) 

`"A" = "P" (1 + "r"/100)^"n"`

47610 = x `(1 + "r"/100)^2` ..........(i)

54751.50 = x `(1 + "r"/100)^3`  ................(ii)

` therefore ("x" (1 + "r"/100)^3)/("x" (1 + "r"/100)^2) =54751.50/47610 `

⇒`(1 + "r"/100) = 54751.50/47610` 

⇒ `"r"/100 = 54751.50/47610 - 1`

⇒ `"r"/100 = (54751.50 - 47610)/47610`

`"r" = 7141.50/47610 xx 100`

r = 15 %

Using (i)

`"x" (1 + "r"/100)^2 =" Rs"  47610`

`"x" (1 + 15/100)^2 = "Rs"  47610` 

`"x" (115/100)^2`= Rs 47610

1.3225 x = Rs 47,610

x = Rs 36,000 

The sum =Rs 36,000 and rate of interest= 15 %

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Use of Formula
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Compound Interest - Exercise 1.6 [पृष्ठ २०]

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फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 1 Compound Interest
Exercise 1.6 | Q 22 | पृष्ठ २०

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