हिंदी

Find the Amount and the Compound Interest Payable Annually On: Rs.16000 for 2 Years at 15% and 12% for the Successive Years.

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प्रश्न

Find the amount and the compound interest payable annually on:
Rs.16000 for 2 years at 15% and 12% for the successive years.

योग
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उत्तर

For 1st year : P = Rs.16000, R = 15% and T = 1 year

∴ Interest = Rs.`(16000 xx 15 xx 1)/(100)`
= Rs.2400
And, amount 
= Rs.16000 + Rs.2400
= Rs.18400
For 2nd year : P = 18400,  R = 12% and T = 1 year

∴ Interest = Rs.`(18400 xx 12 xx 1)/(100)`
= Rs.2208
And, amount
= Rs.18400 + Rs.2208
= Rs.20608
∴ Required amount = Rs.20608
And, Compound Interest
= A - P
= Rs.20608 - Rs.16000
= Rs.4608.

shaalaa.com
Concept of Compound Interest - When the Time is Not an Exact Number of Years and the Interest is Compounded Yearly
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest - Exercise 3.1

APPEARS IN

फ्रैंक Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest
Exercise 3.1 | Q 2.1

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