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
Calculate the amount and the compound interest for the following:
Rs.30,000 at 8°/o p.a. in `2 1/2` years
Calculate the amount and the compound interest for the following:
Rs.16, 000 at 15 °/o p.a. in `2 2/3` years
The value of a scooter depreciates by 12% of its value at the beginning of the year. Find the original value of the scooter if it depreciated by Rs 2,640 in the second year.
A certain sum of money invested at compound interest compounded annually amounted to Rs 26,450 in 2 years and to Rs 30,417.50 in 3 years. Calculate the rate of interest and the sum invested.
The simple interest on a certain sum of money for 3 years at 5% per annum is Rs.1,200. Find the amount and the compound interest due on this sum of money at the same rate and after 2 years. Interest is reckoned annually.
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.
A man borrows Rs.20000 at 10% per annum compound interest payable annually. If he repays Rs.5000 at the end of the first year and Rs.10000 at the end of the second year; how much should he pay at the end of the third year in order to clear the account? Find the answer correct to the nearest rupee.
Priyanka lends Rs.15,500 at 10% for the first year, at 15% for the second year and at 20% for the third year. If the rates of interest are compounded yearly, find the difference between the compound interest of the second year and the third year.
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.
