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Calculate the Amount and the Compound Interest for the Following: - Mathematics

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प्रश्न

Calculate the amount and the compound interest for the following:

Rs.23,7 50 at 12°/o p.a. in `2 1/2` years

योग
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उत्तर

Here, P = Rs 23, 750 ; r = 12°/o p.a. ; t =`2 1/2` years 

For the first year: t = 1 year

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

S.I. = `("Rs"  23750 xx 12 xx 1)/100`

S.I. = Rs  2850

A=P+S.I.

=Rs (23,750 + 2,850) =Rs 26,600 =new principal

For the seoond year: t = 1 year; P=Rs 26,600

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

S.I. = `("Rs"  26600 xx 12 xx 1)/100`

S.I. = Rs 3192

A=P+S.l.

A=Rs (26.600 + 3, 192) =Rs 29.792 =new principal

For the third year: t = 1/2 year; P=Rs 29,792

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

S.I. = `("Rs"  29792 xx 12 xx 1)/(100 xx 2)`

S.l. = Rs1, 787 .52

A=P+S.l.

A=Rs (29,792 + 1,787.52) =Rs 31,579.52

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

C.l.= Rs (2,850 + 3,192 +1,787.52) =Rs 7,829.52

shaalaa.com
Concept of Compound Interest - Use of Compound Interest in Computing Amount Over a Period of 2 Or 3-years
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Compound Interest - Exercise 1.1 [पृष्ठ ५]

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फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 1 Compound Interest
Exercise 1.1 | Q 1.04 | पृष्ठ ५

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