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Find the Difference Between Compound Interest and Simple Interest on Rs. 12,000 and in 11/2 Years at 10% Compounded Half-yearly. - Mathematics

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प्रश्न

Find the difference between compound interest and simple interest on Rs. 12,000 and in `1 1/2` years at 10% compounded half-yearly.

योग
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उत्तर

Given : P = Rs. 12,000 ; n =  `1 1/2` years and r = 10%

S.I. = `[ P xx R xx T ]/100  = [12,000 xx 10 xx 3/2 ]/100  = Rs. 1,800`

To calculate C.I. ( Compound half - yearly ) :
P = Rs. 12,000; n = `1 1/2` years  and r = 10%

A = `"P"( 1 + r/[ 2 xx 100 ])^(n xx 2)` 

A = `12,000( 1 + 10/[ 2 xx 100 ])^(3/2 xx 2)` 

A = `12,000( 21/20)^(3)` 

A = Rs. 13,891.50

C.I. = Rs. 13,891.50 - Rs. 12,000 = Rs. 1,891.50

∴ Difference between C.I. and S.I = Rs. 1,891.50 - Rs. 1,800 = Rs. 91.50.

shaalaa.com
Concept of Compound Interest - When the Interest is Compounded Half Yearly
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest (Using Formula) - Exercise 3 (C) [पृष्ठ ५०]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Using Formula)
Exercise 3 (C) | Q 10 | पृष्ठ ५०

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