Advertisements
Advertisements
प्रश्न
Calculate the amount and compound interest on Rs 62500 for `1 1/2` years at 8% per annum compounded half yearly.
Advertisements
उत्तर
Principal (P) = Rs 62,500
Rate = 8% per annum or 4% per half year
Number of years =`1 1/2`
There will be 3 half years in `1 1/2` years.
A = `P(1 + R/100)^n = Rs [62500 (1 + 4/100)^3]`
= Rs `(62500 xx 26/25 xx 26/25 xx 26/25)`
= Rs 70304
C.I. = A − P = Rs 70304 − Rs 62500 = Rs 7,804
APPEARS IN
संबंधित प्रश्न
Calculate the amount and compound interest on Rs 18000 for `2 1/2` years at 10% per annum compounded annually.
Rs. 8,000 is lent out at 7% compound interest for 2 years. At the end of the first year Rs. 3,560 are returned. Calculate :
(i) the interest paid for the second year.
(ii) the total interest paid in two years.
(iii) the total amount of money paid in two years to clear the debt.
Calculate the amount and the compound interest on Rs. 12,000 in 2 years and at 10% per year.
Calculate the compound interest on Rs. 15,000 in 3 years; if the rates of interest for successive years be 6%, 8%, and 10% 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.
Rohit borrowed ₹ 40,000 for 2 years at 10% per annum C.I. and Manish borrowed the same sum for the same time at 10.5% per annum simple interest. Which of these two gets less interest and by how much?
The compound interest on ₹ 5000 at 12% p.a for 2 years, compounded annually is ___________
In how many years will ₹ 3375 become ₹ 4096 at `13 1/3` p.a if the interest is compounded half-yearly?
The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is ______.
Find the difference between Compound Interest and Simple Interest on Rs 45,000 at 12% per annum for 5 years.
