हिंदी

Calculate the Amount and the Compound Interest for the Following:

Advertisements
Advertisements

प्रश्न

Calculate the amount and the compound interest for the following:

Rs. 76, 000 at 10 °/o p.a. in `2 1/2` years

योग
Advertisements

उत्तर

Here, P = Rs. 76, 000; r = 10 °/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"  76000 xx 10 xx 1)/100`

S.I. = Rs7, 600

A=P+S.I.

=Rs (76,000 + 7,600) =Rs 83,600 =new principal

For the second year: t = 1 year; P=Rs 83,600

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

S.I. = `("Rs"  83600 xx 10 xx 1)/100`

S.I. = Rs8, 360

A=P+S.I.

A=Rs (83,600 + 8,360) =Rs 91960= new principal

For the third year: t = 1/2 year; P=Rs 91,960

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

S.I. = `("Rs"  91960 xx 10 xx 1)/(100 xx 2)`

S.I. = Rs4, 598

A=P+S.I.

A=Rs (91, 960 + 4,598) =Rs 96,558

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

C.I.= Rs (7,600 + 8,360 +4,598) =Rs 20,558

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?

संबंधित प्रश्न

Mr Lalit invested Rs. 5000 at a certain rate of interest, compounded annually for two years. At the end of the first year, it amounts to Rs. 5325. Calculate

1) The rate of interest

2) The amount at the end of the second year, to the nearest rupee.


In what time will Rs. 1500 yield Rs. 496.50 as compound interest at 10% per annum compounded annually?


Calculate the amount and the compound interest for the following:

Rs.13,500 at 10°10 p.a. in 2 years


The value of a machine depreciates by 10%, 12% and 15% in the first 3 years. Express the total depreciation of the machine as a single per cent during the three years.


The simple interest on a certain sum of money for 3 years at 5% per annum is Rs.1,200. Find the amount and the compound interest due on this sum of money at the same rate and after 2 years. Interest is reckoned annually.


Find the amount and the compound interest payable annually on:
Rs.17500 for 3 years at 8%, 10% and 12% for the successive years.


Rakesh invests Rs.25600 at 5% per annum compound interest payable annually for 3 years. Find the amount standing to his credit at the end of the second year.


A man borrows Rs.20000 at 10% per annum compound interest payable annually. If he repays Rs.5000 at the end of the first year and Rs.10000 at the end of the second year; how much should he pay at the end of the third year in order to clear the account? Find the answer correct to the nearest rupee.


How much will Rs 25000 amount to in 2 years at compound interest, if the rates for 1st and 2nd years be 4% and 5% p.a. respectively?


Find compound interest on Rs 31250 for 3 years, if the rates of interest for 1st,2nd and 3rd years be 8%, 10% and 12% respectively.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×