Advertisements
Advertisements
प्रश्न
Calculate the amount and the compound interest on Rs. 10,000 in 3 years at 8% per annum.
Advertisements
उत्तर
Given:
- Principal (P) = Rs. 10,000,
- Rate (R) = 8% per annum,
- Time (T) = 3 years.
`A=P(1+R/100)^T`
`A=10000(1+8/100)^3`
= 10,000 (1.08)3
Step 1: Calculate (1.08)3
(1.08)3 = 1.08 × 1.08 × 1.08 = 1.259712.
Step 2: Calculate the amount (A)
A = 10,000 × 1.259712 = Rs. 12,597.12.
Step 3: Calculate the compound interest
CI = A − P = 12,597.12 − 10,000 = Rs. 2,597.12.
- Amount: Rs. 12,597.12,
- Compound Interest: Rs. 2,597.12.
APPEARS IN
संबंधित प्रश्न
What will Rs 125000 amount to at the rate of 6%, if the interest is calculated after every 3 months?
In what time will Rs 1000 amount to Rs 1331 at 10% per annum, compound interest?
The compound interest, calculated yearly, on a certain sum of money for the second year is Rs. 1,089 and for the third year it is Rs. 1,197.90. Calculate the rate of interest and the sum of money.
A sum of Rs. 13,500 is invested at 16% per annum compound interest for 5years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of first year.
(iii) the interest for the second year, correct to the nearest rupee.
On a certain sum of money, lent out at C.I., interests for first, second and third years are Rs. 1,500; Rs. 1,725 and Rs. 2,070 respectively. Find the rate of interest for the (i) second year (ii) third year.
Find the amount and the compound interest payable annually on the following :
Rs.25000 for 1`(1)/(2)` years at 10% per annum.
If the present population of a city is P and it increases at the rate of r% p.a, then the population n years ago would be `"P"(1 + "r"/100)^"n"`
The sum which amounts to ₹ 2662 at 10% p.a in 3 years, compounded yearly is _________
The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is ______.
Compound interest is the interest calculated on the previous year’s amount.
