हिंदी

Calculate the Amount and the Compound Interest for the Following:

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प्रश्न

Calculate the amount and the compound interest for the following:

Rs.17,500 at 12°10 p.a. in 3 years

योग
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उत्तर

Here, P = Rs.17 ,500 ; r = 12°10 p.a. ; t = 3 years

For the first year: t = 1 year

S.I. = `("P" xx "r" xx "t")/100`

S.I. = `("Rs"  17500 xx 12 xx 1)/100 `

S.I. = Rs2, 100

A=P+S.I.

=Rs ( 17,500+2,100) =Rs 19,600 =new principal

For the second year: t = 1 year; P=Rs 19,600

S.I. = `("P" xx "r" xx "t")/100`

S.I. = `("Rs"  19600 xx 12 xx 1)/100`

S.I. = Rs2, 352

A=P+S.I.

A=Rs ( 19,600 + 2,352) =Rs 21,952 =new principal

For the third year: t = 1 year; P=Rs 21, 952

S.I. = `("P" xx "r" xx "t")/100`

S.I. = `("Rs"  21952 xx 12 xx 1)/100`

S.I. = Rs2, 634. 24

A=P+S.I.

A=Rs (21,952 + 2,634.24) =Rs 24,586.24

C.I. = Interest in first year + interest in second year + interest in third year

C.I.= Rs (2, 100 + 2,352+2,634.24) =Rs 7,086.24

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Concept of Compound Interest - Use of Compound Interest in Computing Amount Over a Period of 2 Or 3-years
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