हिंदी

Find Compound Interest on Rs 31250 for 3 Years, If the Rates of Interest for 1st,2nd and 3rd Years Be 8%, 10% and 12% Respectively. - Mathematics

Advertisements
Advertisements

प्रश्न

Find compound interest on Rs 31250 for 3 years, if the rates of interest for 1st,2nd and 3rd years be 8%, 10% and 12% respectively.

योग
Advertisements

उत्तर

Here P = Rs.31250, t = 3 years, r = 8%, 10%, 12% successively.
Now, Amount
= `"P"(1 + "r"_1/100)(1 + "r"_2/100)(1 + "r"_3/100)`

= `31250(1 + 8/100)(1 + 10/100)(1 + 12/100)`

= `31250(108/100)(110/100)(112/100)`
= 41580
Hence, Amount = Rs.41580.

shaalaa.com
Concept of Compound Interest - Use of Compound Interest in Computing Amount Over a Period of 2 Or 3-years
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest - Exercise 3.2

APPEARS IN

फ्रैंक Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest
Exercise 3.2 | Q 6

संबंधित प्रश्न

The present population of the town is 2,00,000. The population is increased by 10% in the first year and 15% in the second year. Find the population of the town at the end of two years.


The compound interest, calculated yearly, on a certain sum of money for the second year is Rs. 1320 and for the third year is Rs. 1452. Calculate the rate of interest and the original sum of money


In what period of time will Rs. 12,000 yield Rs. 3972 as compound interest at 10% per annum, if compounded on a yearly basis?


Calculate the amount and the compound interest for the following:

Rs.13,500 at 10°10 p.a. in 2 years


Calculate the amount and the compound interest for the following:

Rs.23,7 50 at 12°/o p.a. in `2 1/2` years


Calculate the amount and the compound interest for the following:

Rs.40, 000 at `5 1/4` % p.a. in `1 1/3` years


The value of a scooter depreciates by 12% of its value at the beginning of the year. Find the original value of the scooter if it depreciated by Rs 2,640 in the second year.


Nikita invests Rs.6,000 for two years at a certain rate of interest compounded annually. At the end of first year it amounts to Rs.6,720. Calculate:
(a) The rate of interest.
(b) The amount at the end of the second year.


Find the difference between the compound interest and simple interest on Rs 20,000 at 12% per annum for 3 years, the compound interest being payable annually.


A man borrows Rs.20000 at 10% per annum compound interest payable annually. If he repays Rs.5000 at the end of the first year and Rs.10000 at the end of the second year; how much should he pay at the end of the third year in order to clear the account? Find the answer correct to the nearest rupee.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×