Advertisements
Advertisements
प्रश्न
Mr. Kumar borrowed Rs. 15,000 for two years. The rate of interest for the two successive years are 8% and 10% respectively. If he repays Rs. 6,200 at the end of the first year, find the outstanding amount at the end of the second year.
Advertisements
उत्तर
P = ₹ 15,000
Interest for 1st year
= `(15,000 xx 8 xx 1)/(100)`
= ₹ 1,200
Amount after one year
= ₹ (15,000 + 1,200)
= ₹ 16,200
He repays ₹ 6,200 at the end of the 1st year
∴ Principal for 2nd year
= ₹ (16,200 - 6,200)
= ₹ 10,000
Now interest for the 2nd year
= `(10,000 xx 10 xx 1)/(100)`
= ₹1,000
∴ Amount outstanding at the end of 2nd year
= ₹ (10,000 + 1,000)
= ₹ 11,000.
संबंधित प्रश्न
Calculate the amount and the compound interest for the following:
Rs.25, 000 at `8 2/5 %` p.a. in `1 1/3` years
Aryan borrowed a sum or Rs. 36,000 for `1 1/2` years at 10 % p.a. compound interest.
Find the amount he needs to return to clear the debt.
Ameesha loaned Rs. 24,000 to a friend for `2 1/2` at 10 % p.a. compound interest.
Calculate the interest earned by Ameesha.
Find the sum invested at 8% p.a. compound interest on which the interest for the third year exceeds that of the first year by Rs 166.40.
Find the compound interest, correct to the nearest rupee, on Rs. 2,400 for `2 1/2` years at 5 per cent per annum.
Calculate the difference between the simple interest and the compound interest on Rs. 4,000 in 2 years at 8% per annum compounded yearly.
A man borrows Rs. 5,000 at 12 percent compound interest payable every six months. He repays Rs. 1,800 at the end of every six months. Calculate the third payment he has to make at the end of 18 months in order to clear the entire loan.
A man invests ₹ 5,600 at 14% per annum compound interest for 2 years. Calculate:
- the interest for the first year.
- the amount at the end of the first year.
- the interest for the second year, correct to the nearest rupee.
The total number of industries in a particular portion of the country is approximately 1,600. If the government has decided to increase the number of industries in the area by 20% every year; find the approximate number of industries after 2 years.
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?
