हिंदी

Meera Borrowed Rs 12,500 on Compound Interest from Rajeev for 2 Years When the Rates of Interest for Successive Years Were 8% and 10%.

Advertisements
Advertisements

प्रश्न

Meera borrowed Rs 12,500 on compound interest from Rajeev for 2 years when the rates of interest for successive years were 8% and 10%. If Meera returned Rs 7,500 at the end of the first year, find the amount she has to return at the end of the second year.

योग
Advertisements

उत्तर

P = Rs. 12,500, R = 8 °/o p.a.

Interest for first year 

= `("Rs"  12500 xx 8 xx 1)/100`

= Rs 1,000 

Amount due after 1st year =Rs. 12,500 +Rs. 1,000 =Rs 13,500 

Amount paid after 1st year= Rs. 7,500 

Balance amount= Rs. 13,500 - Rs. 7,500 =Rs. 6,000

Interest for second year when r = 10°/o p.a. 

`=( "Rs"  6000 xx 10 xx 1)/100`

= Rs 600 

Amount due after 2nd year

= Rs. 6,000 + Rs. 600 =Rs 6.600

Meera has to return Rs 6,600 to Rajeev at the end of second year 

shaalaa.com
Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

संबंधित प्रश्न

A sum of Rs. 65000 is invested for 3 years at 8 % p.a. compound interest.

Find the sum due at the end of the second year.


Natasha gave Rs.6O,OOO to Nimish for 3 years at 15%,p.a. compound interest.
Calculate to the nearest rupee : 

The Compound Interest paid by Nimish


Calculate the arnount and the cornpound interest for the following: 

Rs 20,000 for 3 years at `7 1/2 %` for the first year, 8% for the second year and 10% for the third year. 


Rajan borrowed Rs 90,000 at 15% p.a. compound interest. If he repays Rs 35,000 at the end of each year, find the amount of loan outstanding at the beginning of the fourth year.


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?


Neena's savings increases by Rs 1,000 every year. If she saves Rs 4,000 in the first year and invests it at 15% compound interest, find her total savings at the end of the third year.


Calculate the difference between the simple interest and the compound interest on Rs. 4,000 in 2 years at 8% per annum compounded yearly.


On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is  Rs. 180/- Find the sum lent out, if the rate of interest in both the cases is 10% per annum.


A man borrows Rs. 10,000 at 5% per annum compound interest. He repays 35% of the sum borrowed at the end of the first year and 42% of the sum borrowed at the end of the second year. How much must he pay at the end of the third year in order to clear the debt ?


6000 workers were employed to construct a river bridge in four years. At the end of first year, 20% workers were retrenched; At the end of second year 5% of the workers at that time were retrenched. However, to complete the project in time, the number of workers was increased by 15% at the end of third year. How many workers were working during the fourth year?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×