Advertisements
Advertisements
प्रश्न
How much will Rs. 50,000 amount to in 3 years, compounded yearly, if the rates for the successive years are 6%, 8% and 10% respectively?
Advertisements
उत्तर
Interest for the first year = `["P" xx "R" xx "T"]/100`
= `[ 50,000 xx 6 xx 1 ]/100`
= Rs. 3,000
Amount for the first year = Rs. 50,000 + Rs. 3,000 = Rs. 53,000
Interest for the second year = `["P" xx "R" xx "T"]/100`
= `[ 53,000 xx 8 xx 1]/100`
= Rs. 4,240
Amount for the second year = Rs. 53,000 + Rs. 4,240 = Rs. 57,240
Interest for the third year = `["P" xx "R" xx "T"]/100`
= `[57,240 xx 10 xx 1]/100`
= Rs. 5,724
Amount for the third year = Rs. 57,240 + Rs. 5,724 = Rs. 62,964
Hence, the amount will be Rs. 62,964.
APPEARS IN
संबंधित प्रश्न
Aryan borrowed a sum or Rs. 36,000 for `1 1/2` years at 10 % p.a. compound interest.
Find the amount he needs to return to clear the debt.
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.
Natasha gave Rs.6O,OOO to Nimish for 3 years at 15%,p.a. compound interest.
Calculate to the nearest rupee :
The Compound Interest paid by Nimish
Calculate the amount and the compound interest on:
Rs. 8,000 in `2 1/2` years at 15% per year.
A borrowed Rs. 2,500 from B at 12% per annum compound interest. After 2 years, A gave Rs. 2,936 and a watch to B to clear the account. Find the cost of the watch.
A sum of money is lent at 8% per annum compound interest. If the interest for the second year exceeds that for the first year by Rs. 96, find the sum of money.
A man borrows Rs. 6,000 at 5% C.I. per annum. If he repays Rs. 1,200 at the end of each year, find the amount of the loan outstanding at the beginning of 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.
A man borrows Rs. 10,000 at 5% per annum compound interest. He repays 35% of the sum borrowed at the end of the first year and 42% of the sum borrowed at the end of the second year. How much must he pay at the end of the third year in order to clear the debt ?
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.
