Advertisements
Advertisements
प्रश्न
Anil borrowed a sum of Rs 9600 to install a handpump in his dairy. If the rate of interest is \[5\frac{1}{2} %\] per annum compounded annually, determine the compound interest which Anil will have to pay after 3 years.
Advertisements
उत्तर
\[A = P \left( 1 + \frac{R}{100} \right)^n \]
\[ = 9, 600 \left( 1 + \frac{5 . 5}{100} \right)^3 \]
\[ = 9, 600 \left( 1 . 055 \right)^3 \]
= Rs 11, 272 . 72
Now,
CI = A - P
= Rs 11, 272 . 72 - Rs 9, 600
= Rs 1, 672 . 72
APPEARS IN
संबंधित प्रश्न
Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find.
1) The amount credited against her name at the end of the second year
2) The interest for the 3rd year.
Find the amount which Ram will get on Rs 4,096, he gave it for 18 months at `12 1/2` %per annum, interest being compounded half yearly.
What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?
Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.
Find the compound interest on Rs 15625 for 9 months, at 16% per annum, compounded quarterly.
A sum of money was lent for 2 years at 20% compounded annually. If the interest is payable half-yearly instead of yearly, then the interest is Rs 482 more. Find the sum.
A sum amounts to Rs 756.25 at 10% per annum in 2 years, compounded annually. Find the sum.
At what rate percent compound interest per annum will Rs 640 amount to Rs 774.40 in 2 years?
If amount on the principal of Rs 6,000 is written as `6000 [1 + 5/100]^3` and compound interest payable half yearly, then rate of interest p.a. is ______ and time in years is ______.
The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula `P(1 + R/100)`.
