Advertisements
Advertisements
प्रश्न
Manoj saves Rs 5,000 every year and invests it at 12% p.a. compound interest. Calculate his savings at the end of the third year.
Advertisements
उत्तर
P =Rs. 5,000 ; R = 12% p.a. ; T = 3 years
Interest for the 1st year
=`"Rs" (5000 xx 12 xx 1)/100`
= Rs 600
Principal for the second year
= Amount at the end of one year + his new savings
= Rs. 5,000 + Rs. 600 +Rs. 5,000 =Rs. 10,600
Interest for the seoond year
`="Rs" (10600 xx 12 xx 1)/100`
= Rs 1, 272
Compound interest for seoond year
=Rs. 1,272
Principal for the third year
= Amount at the end of two years + his new savings
=Rs. 10,600 +Rs. 1,272 +Rs. 5,000 =Rs. 16,872
Interest for the third year
`="Rs" (16872 xx 12 xx 1)/100`
= Rs 2, 024.64
Sum due at the end of third year = his savings at the end of third year
= Rs. 16,872 + Rs. 2,024.64 = Rs 18,896.64
APPEARS IN
संबंधित प्रश्न
Jaya borrowed Rs. 50,000 for 2 years. The rates of interest for two successive years are 12% and 15% respectively. She repays 33,000 at the end of the first year. Find the amount she must pay at the end of the second year to clear her debt.
At what rate % p.a. will a sum of Rs. 4000 yield Rs. 1324 as compound interest in 3 years?
Gayatri invested Rs.25,OOO for 3 years and 6 months in a bank which paid
1O % p.a- compound interest. Calculate the amount to the nearest.Ts-10, that she
received at the end of the period.
Calculate The Amount and the Cornpound Interest for the Following:
Rs 15,000 for 2 years at 6°/o for the first year and 7°/o for tl1e second year.
Calculate the arnount and the cornpound interest for the following:
Rs 12,500 for 3 years at 12% for the first year, 15% for the second year and 17% for the third year.
Pooja borrowed Rs 15,000 from Sonali at 11% p.a. compound interest. If she repays Rs 7,550 at the end of first year and Rs 6,101 at the end of second year, find the amount Pooja needs to give to Sonali at the end of third year to clear her debt.
Prakash borrowed Rs 10,000 from Rajesh for 2 years at 6% and 8% p.a. compound interest for successive years. If Prakash returns Rs 5,600 at the end of the first year, how much does he have to give to Rajesh at the end of the second year to clear the loan?
Ramesh saves Rs 4,000 every year and invests it at 10% p.a. compound interest. Calculate his savings at the end of the third year.
Calculate the amount and the compound interest on :
Rs. 6,000 in 3 years at 5% per year.
Calculate the amount and the compound interest on:
Rs. 16,000 in 3 years, when the rates of the interest for successive years are 10%, 14% and 15% respectively.
