Advertisements
Advertisements
प्रश्न
In what time will Rs. 1500 yield Rs. 496.50 as compound interest at 10% per annum compounded annually?
Advertisements
उत्तर
Given P = Rs. 1500, I = 496.50, R = 10%
A = P+I
⇒ A =Rs. 1500+Rs. 496.50=Rs. 1996.50
`A = P(1 + R/100)^n`
`=> 1996.50 = 1500 (1 + 10/100)^n`
`=> 1996.50/1500 = (1 +1/10)^n`
`=> 1.331 = (1.1)^n`
`=> (1.1)^3 = (1.1)^n`
`=> n = 3`
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.
The value of a refrigerator depreciates by 8% of its value at the beginning of the year. Find the original value of the refrigerator if it depreciated by Rs 2,392 in the second year.
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.
A sum of money is invested at 10% per annum compounded half yearly. If the difference of amounts at the end of 6 months and 12 months is Rs.189, find the sum of money invested.
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.
A man invests Rs 24000 for two years at compound interest, If his money amounts to Rs 27600 after one year, find the amount at the end of second year.
How much will Rs 14000 amounts to 2 years at compound interest, if the rates for the successive years be 5% and 8% respectively?
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.
How much will Rs 25000 amount to in 2 years at compound interest, if the rates for 1st and 2nd years be 4% and 5% p.a. respectively?
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.
