हिंदी

Calculate the Amount and the Compound Interest on : Rs. 16,000 in 3 Years, When the Rates of the Interest for Successive Years Are 10%, 14% and 15% Respectively. - Mathematics

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प्रश्न

Calculate the amount and the compound interest on:

Rs. 16,000 in 3 years, when the rates of the interest for successive years are 10%, 14% and 15% respectively.

योग
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उत्तर

For 1st year

P = Rs. 16000; R = 10%; T = 1 year

I = `[16000 xx 10 xx 1]/100`

I = Rs. 1600

A = 16000 + 1600 = 17600

For 2nd year,

P = Rs. 17600; R = 14%; T = 1 year

I = `[17600 xx 14 xx 1]/100 = 246400/100`

I = Rs. 2464.

A = 17600 + 2464 = Rs. 20064

For 3rd year,

P = Rs. 20064; R = 15%; T = 1 year

I = `[20064 xx 15 xx 1]/100`

I = 3009.60

Amount after 3 years = 20064 + 3009.60 = Rs. 23073.60

Compound interest = 23073.60 - 16000 = Rs. 7073.60

shaalaa.com
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 2: Compound Interest (Without using formula) - Exercise 2 (A) [पृष्ठ २८]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 2 Compound Interest (Without using formula)
Exercise 2 (A) | Q 3.2 | पृष्ठ २८

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