Advertisements
Advertisements
प्रश्न
I borrowed Rs 12000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per annum compound interest, what extra amount would I have to pay?
Advertisements
उत्तर
P = Rs 12000
R = 6% per annum
T = 2 years
S.I = `"P x R x T"/100 = Rs ((12000xx6xx2)/100) = Rs 1440`
To find the compound interest, the amount (A) has to be calculated.
`A = P(1 + R/100)^n = Rs [12000(1 + 6/100)^2]`
`= Rs [12000(1 + 3/50)^2] = Rs(12000 xx 53/50xx 53/50)`
= Rs 13483.20
∴ C.I. = A − P = Rs 13483.20 − Rs 12000 = Rs 1,483.20
C.I. − S.I. = Rs 1,483.20 − Rs 1,440 = Rs 43.20
Thus, the extra amount to be paid is Rs 43.20
संबंधित प्रश्न
Find the amount which Ram will get on Rs 4,096, he gave it for 18 months at `12 1/2` %per annum, interest being compounded half yearly.
Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.
Find the amount and the compound interest on Rs 8000 for \[1\frac{1}{2}\] years at 10% per annum, compounded half-yearly.
Rekha deposited Rs 16000 in a foreign bank which pays interest at the rate of 20% per annum compounded quarterly, find the interest received by Rekha after one year.
Ramu borrowed Rs 15625 from a finance company to buy a scooter. If the rate of interest be 16% per annum compounded annually, what payment will he have to make after \[2\frac{1}{4}\] years?
On what sum will the compound interest at 5% per annum for 2 years compounded annually be Rs 164?
Find the rate at which a sum of money will double itself in 3 years, if the interest is compounded annually.
Ishita invested a sum of Rs 12000 at 5% per annum compound interest. She received an amount of Rs 13230 after n years. Find the value of n.
A sum of money deposited at 2% per annum compounded annually becomes Rs 10404 at the end of 2 years. Find the sum deposited.
Find CI paid when a sum of Rs. 10,000 is invested for 1 year and 3 months at `8 1/2%` per annum compounded annually.
