हिंदी

Find the Compound Interest, Correct to the Nearest Rupee, on Rs. 2,400 for 2 1/2 Years at 5 per Cent per Annum. - Mathematics

Advertisements
Advertisements

प्रश्न

Find the compound interest, correct to the nearest rupee, on Rs. 2,400 for `2 1/2` years at 5 per cent per annum.

योग
Advertisements

उत्तर

For 1st years

P = Rs. 2400

R = 5%

T = 1 year

I = `[ 2400 xx 5 xx 1]/100` = 120

A = 2400 + 120 = Rs. 2520

For 2nd year

P = Rs. 2520

R = 5%

T = 1 year

I = `[ 2520 xx 5 xx 1]/100` = Rs. 126.

A = 2520 + 126 = Rs. 2646

For final `1/2` year,

P = Rs. 2646

R = 5%

T = `1/2` year

I = `[2646 xx 5 xx 1]/[100 xx 2]` = Rs. 66.15

Amount after `2 1/2` years = 2646 + 66.15

= Rs. 2712.15

Compound interest = 2712.15 - 2400 

= Rs. 312.15

= Rs. 312

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 4 | पृष्ठ २८

संबंधित प्रश्न

At what rate % p.a. will a sum of Rs. 4000 yield Rs. 1324 as compound interest in 3 years?


Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest ,

Find the amount at the end of the second year.


Aryan borrowed a sum or Rs. 36,000 for `1 1/2` years at 10 % p.a. compound interesL

Find he tol interest paid by him.


Ameeha loaned Rs. 24,000 to a friend for `2 1/2` at 10 % p.a. compond interest.

Calculate the amount received by her at the end of time period.


Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The amount received by him at the end of three years.


Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The compound inrerest received by him.


Calculate the arnount and the cornpound interest for the following: 

Rs 12,500 for 3 years at 12% for the first year, 15% for the second year and 17% for the third  year.


Calculate the difference between the simple interest and the compound interest on Rs. 4,000 in 2 years at 8% per annum compounded yearly.


A man lends  Rs. 12,500 at 12% for the first year, at 15% for the second year and at 18% for the third year. If the rates of interest are compounded yearly ; find the difference between the C.I. fo the first year and the compound interest for the third year.


On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is  Rs. 180/- Find the sum lent out, if the rate of interest in both the cases is 10% per annum.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×