Advertisements
Advertisements
प्रश्न
A sum of Rs. 8,000 is invested for 2 years at 10% per annum compound interest. Calculate:
(i) interest for the first year.
(ii) principal for the second year.
(iii) interest for the second year.
(iv) the final amount at the end of the second year
(v) compound interest earned in 2 years.
Advertisements
उत्तर
(i) Here Principal (P) = Rs. 8,000
Rate of interest = 10%
Interest for the first year =`(8,000xx10xx1)/100`
= Rs.800
(ii) ∴ Amount = Rs.8,000 + Rs.800 = Rs.8,800
Thus Principal for the second year = Rs.8,800
(iii) Interest for the second year
`=(8,800xx10xx1)/100`
= Rs.880
(iv) Amount at the end of second year = Rs.8,800 + Rs.880 = Rs.9,680
(v) Hence compound interest earned in 2 years
= Rs.9,680 − Rs.8,000 = Rs.1680
APPEARS IN
संबंधित प्रश्न
Calculate the amount and compound interest on Rs 10800 for 3 years at `12 1/2` % per annum compounded annually.
The value of a machine depreciated by 10% per year during the first two years and 15% per year during the third year. Express the total depreciation of the machine, as percent, during the three years.
On a certain sum of money, invested at the rate of 10 percent per annum compounded annually, the interest for the first year plus the interest for the third year is Rs. 2,652. Find the sum.
A sum of Rs. 13,500 is invested at 16% per annum compound interest for 5years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of first year.
(iii) the interest for the second year, correct to the nearest rupee.
Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively.
Mohan borrowed Rs. 16,000 for 3 years at 5% per annum compound interest. Calculate the amount that Mohan will pay at the end of 3 years.
Find the amount and the compound interest payable annually on the following :
Rs.25000 for 1`(1)/(2)` years at 10% per annum.
The simple interest on a certain sum for 3 years at 4% is Rs 600. Find the compound interest for the same sum at the same percent and in the same time.
The difference between simple interest and compound interest compounded annually on a certain sum is Rs.448 for 2 years at 8 percent per annum. Find the sum.
The compound interest on ₹ 8000 at 10% p.a for 1 year, compounded half yearly is ____________
