Advertisements
Advertisements
प्रश्न
How much will Rs 14000 amounts to 2 years at compound interest, if the rates for the successive years be 5% and 8% respectively?
Advertisements
उत्तर
Here P1 = Rs.14000 and r = 5%
So, Amount after 1 year
= `"P"(1 + "r"/100)`
= `14000(1 + 5/100)`
= `14000 xx (105)/(100)`
= 14700
Thus, P2 = Rs.14700 and r = 8%
Amount after 2 year
= `"P"(1 + "r"/100)`
= `14700(1 + 8/100)`
= `14700 xx (108)/(100)`
= 15876
Hence, Amount = Rs.15876.
APPEARS IN
संबंधित प्रश्न
Mr Lalit invested Rs. 5000 at a certain rate of interest, compounded annually for two years. At the end of the first year, it amounts to Rs. 5325. Calculate
1) The rate of interest
2) The amount at the end of the second year, to the nearest rupee.
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.30,000 at 8°/o p.a. in `2 1/2` years
The value of a car depreciated by 10% in the first 2 years and by 8% in the third year. Express the total depreciation of the car as a single per cent during the three years.
A sum of money was invested for 3 years, interest being compounded annually. The rates for successive years were 10%, 15% and 18% respectively. If the compound interest for the second year amounted to Rs. 4,950, find the sum invested.
Rohit borrows Rs. 86,000 from Arun for two years at 5% per annum simple interest. He immediately lends out this money to Akshay at 5% compound interest compounded annually for the same period. Calculate Rohit's profit in the transaction at the end of two years.
Rakesh invests Rs.25600 at 5% per annum compound interest payable annually for 3 years. Find the amount standing to his credit at the end of the second year.
Find the amount and the compound interest on Rs 17500 for 3 years, if the rates for successive years is 4%, 5% and 6% respectively, the interest is payable annually.
Find the amount and the compound interest on the following :
Rs.16000 for 3 years at 10%, 8% and 6% for successive years.
What principal will amount to Rs.15729 in two years, if the rate of interest for successive years are 5% and 7% respectively, the interest is being compounded annually.
