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Calculate the Arnount and the Cornpound Interest for the Following: - Mathematics

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प्रश्न

Calculate the arnount and the cornpound interest for the following: 

Rs 12,500 for 3 years at 12% for the first year, 15% for the second year and 17% for the third  year.

योग
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उत्तर

P = Rs 12500;

(i) Interest for the first year

T = 1 year , R = 12 % for first year

=`("Rs"  12500 xx 12 xx 1)/100`

= Rs 1500

(ii) Principal for the second year

= Amount after one year

= Rs 12500 + Rs 1500

= Rs 14000

(iii) Interest for the second year

T = 1 year , R = 15 % for second year

`= ("Rs"  14000 xx 15 xx 1)/100` 

= Rs 2100

(iv) Principal for the third year

= Amount after second year

= Rs 14000 + Rs 2100

= Rs 16100

(v) Interest for the third year

T = 1 year , R = 17 % for second year

`= ("Rs"  16100 xx 17 xx 1)/100`

Therefore Amount at the end of 3rd year

= Rs 16100 + Rs 2737

= Rs 18837

Amount = Rs 18837

C.I. = A - P

= Rs (18837 - 12500)

C.I. = 6337

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Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Compound Interest - Exercise 1.2 [पृष्ठ ८]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 1 Compound Interest
Exercise 1.2 | Q 1.3 | पृष्ठ ८
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