Advertisements
Advertisements
प्रश्न
Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively.
Advertisements
उत्तर
For 1st year
Principal (P) = Rs. 5,000, Rate (R) = 10%, Time (T) = 1 year
∴ Interest = `(5,000xx10xx1)/100` = 50 × 10 = Rs. 500
∴ Amount at the end of 1st year = Rs. (5000 + 500) = Rs. 5500
For 2nd year
P = Rs. 5500, Rate = 12%, T = 1 year
∴ Interest = `(5500xx12xx1)/100` = 55 × 12 = Rs. 660
∴ Amount at the end of 2nd year = Rs. 5500 + Rs. 660 = Rs. 6160
Hence compound interest = Rs. 6160 − Rs. 5000 = Rs. 1160
APPEARS IN
संबंधित प्रश्न
The difference between the compound interest and simple interest on a certain sum for 2 years at 7.5% per annum is Rs 360. Find the sum.
A man borrows Rs.10,000 at 10% compound interest compounded yearly. At the end of each year, he pays back 30% of the sum borrowed. How much money is left unpaid just after the second year ?
Rachna borrows Rs. 12,000 at 10 percent per annum interest compounded half-yearly. She repays Rs. 4,000 at the end of every six months. Calculate the third payment she has to make at end of 18 months in order to clear the entire loan.
On a certain sum of money, invested at the rate of 10 percent per annum compounded annually, the interest for the first year plus the interest for the third year is Rs. 2,652. Find the sum.
A sum of Rs. 8,000 is invested for 2 years at 10% per annum compound interest. Calculate:
(i) interest for the first year.
(ii) principal for the second year.
(iii) interest for the second year.
(iv) the final amount at the end of the second year
(v) compound interest earned in 2 years.
Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest. Calculate the interest paid by her for the second 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"`
Find the compound interest for `2 1/2` years on ₹ 4000 at 10% p.a, if the interest is compounded yearly
The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is ______.
