Advertisements
Advertisements
प्रश्न
Meera borrowed a sum of Rs 1000 from Sita for two years. If the rate of interest is 10% compounded annually, find the amount that Meera has to pay back.
Advertisements
उत्तर
P = Rs 1, 000
R = 10 % p . a .
n = 2 years
We know that amount A at the end of n years at the rate R % per annum when the interest is
compounded annually is given by A = P \[\left( 1 + \frac{R}{100} \right) . \]
\[ \therefore A = 1, 000 \left( 1 + \frac{10}{100} \right)^2 \]
\[ = 1, 000 \left( 1 . 1 \right)^2 \]
\[ = 1, 210\]
Thus, the required amount is Rs 1, 210.
संबंधित प्रश्न
Vasudevan invested Rs 60000 at an interest rate of 12% per annum compounded half yearly. What amount would he get
(1) after 6 months?
(2) after 1 year?
Find the amount which Ram will get on Rs 4,096, he gave it for 18 months at `12 1/2` %per annum, interest being compounded half yearly.
Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.
Amit borrowed Rs 16000 at \[17\frac{1}{2} \%\] per annum simple interest. On the same day, he lent it to Ashu at the same rate but compounded annually. What does he gain at the end of 2 years?
Find the amount of Rs 4096 for 18 months at
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.
On what sum will the compound interest at 5% per annum for 2 years compounded annually be Rs 164?
A sum of money deposited at 2% per annum compounded annually becomes Rs 10404 at the end of 2 years. Find the sum deposited.
If amount on the principal of Rs 6,000 is written as `6000 [1 + 5/100]^3` and compound interest payable half yearly, then rate of interest p.a. is ______ and time in years is ______.
If principal = Rs 1,00,000, rate of interest = 10% compounded half yearly. Find
- Interest for 6 months.
- Amount after 6 months.
- Interest for next 6 months.
- Amount after one year.
