Advertisements
Advertisements
प्रश्न
Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find.
1) The amount credited against her name at the end of the second year
2) The interest for the 3rd year.
Advertisements
उत्तर
1) P = Rs 8,000
R = 5% per annum
n = 2 years
A = Rs `[8000(1 + 5/100)^2] = Rs (8000(1 + 1/20)^2)`
= Rs `(8000 xx 21/20 xx 21/20)` = Rs 8820
2) The interest for the next one year, i.e. the third year, has to be calculated.
By taking Rs 8,820 as principal, the S.I. for the next year will be calculated.
S.I = Rs `((8820 xx 5 xx 1)/100)= Rs 441`
APPEARS IN
संबंधित 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?
What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?
Roma borrowed Rs 64000 from a bank for \[1\frac{1}{2}\] years at the rate of 10% per annum. Compute the total compound interest payable by Roma after \[1\frac{1}{2}\] years, if the interest is compounded half-yearly.
Find the compound interest on Rs 64000 for 1 year at the rate of 10% per annum compounded quarterly.
Ramesh deposited Rs 7500 in a bank which pays him 12% interest per annum compounded quarterly. What is the amount which he receives after 9 months.
A sum of money was lent for 2 years at 20% compounded annually. If the interest is payable half-yearly instead of yearly, then the interest is Rs 482 more. Find the sum.
Find the principal if the interest compounded annually at the rate of 10% for two years is Rs 210.
A sum amounts to Rs 756.25 at 10% per annum in 2 years, compounded annually. Find the sum.
Sum of money amounts to Rs 453690 in 2 years at 6.5% per annum compounded annually. Find the sum.
For calculation of interest compounded half yearly, keeping the principal same, which one of the following is true?
