हिंदी

On a Certain Sum of Money, Invested at the Rate of 10 Percent per Annum Compounded Annually, the Interest for the First Year Plus the Interest for the Third Year is Rs. 2,652. Find the Sum. - Mathematics

Advertisements
Advertisements

प्रश्न

On a certain sum of money, invested at the rate of 10 percent per annum compounded annually, the interest for the first year plus the interest for the third year is Rs. 2,652. Find the sum.

योग
Advertisements

उत्तर

Let Principal = Rs.100
For 1st year
P = Rs. 100; R = 10 % and T = 1 year

Interest = Rs.`[100 xx 10 xx 1]/100` = Rs. 10

Amount = Rs. 100 + Rs. 10 = Rs. 110

For 2nd year

P = Rs. 110; R = 10 % and T = 1 year

Interest = Rs. `[110 xx 10 xx 1]/[100]` = Rs. 11

Amount = Rs. 110 + Rs. 11 = Rs. 121

For 3rd year

P = Rs. 121; R = 10 % and T = 1 year

Interest = Rs `[121 xx 10 xx 1]/[100]`= Rs. 12.10

Sum of C.I. for 1st year and 3rd year = Rs. 10 + Rs. 12.10 = Rs. 22.10

When sum is Rs. 22.10, principal is Rs. 100

When sum is Rs. 2,652, principal = Rs. `[100 xx 2652]/[22.10]`
= Rs. 12,000. 

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Compound Interest (Without using formula) - Exercise 2 (D) [पृष्ठ ३९]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 2 Compound Interest (Without using formula)
Exercise 2 (D) | Q 4 | पृष्ठ ३९

संबंधित प्रश्न

Calculate the amount and compound interest on Rs 10800 for 3 years at `12 1/2` % per annum compounded annually.


Find the compound interest at the rate of 5% for three years on that principal which in three years at the rate of 5% per annum gives Rs 12000 as simple interest.


Rachana borrowed a certain sum at the rate of 15% per annum. If she paid at the end of two years Rs 1290 as interest compounded annually, find the sum she borrowed.


In how much time would Rs 5000 amount to Rs 6655 at 10% per annum compound interest?


At what rate percent per annum will a sum of Rs 4000 yield compound interest of Rs 410 in 2 years?


The present population of a town is 28000. If it increases at the rate of 5% per annum, what will be its population after 2 years?


Find the amount and the compound interest.

No. Principal (₹) Rate (p.c.p.a.) Duration
(Years)
1 2000 5 2
2 5000 8 3
3 4000 7.5 2

A sum is invested at compound interest, compounded yearly. If the interest for two successive years is Rs. 5,700 and Rs. 7,410. calculate the rate of interest.


A certain sum of money is put at compound interest, compounded half-yearly. If the interest for two successive half-years are Rs. 650 and Rs. 760.50; find the rate of interest.


Rs. 8,000 is lent out at 7% compound interest for 2 years. At the end of the first year Rs. 3,560 are returned. Calculate :
(i) the interest paid for the second year.
(ii) the total interest paid in two years.
(iii) the total amount of money paid in two years to clear the debt.


The cost of a machine depreciated by Rs. 4,000 during the first year and by Rs. 3,600 during the second year. Calculate :

  1. The rate of depreciation.
  2. The original cost of the machine.
  3. Its cost at the end of the third year.

Find the sum, invested at 10% compounded annually, on which the interest for the third year exceeds the interest of the first year by Rs. 252.


A man borrows Rs.10,000 at 10% compound interest compounded yearly. At the end of each year, he pays back 20% of the amount for that year. How much money is left unpaid just after the second year ?


During every financial year, the value of a machine depreciates by 12%. Find the original cost of a machine which depreciates by Rs. 2,640 during the second financial year of its purchase.


A man borrowed Rs. 20,000 for 2 years at 8% per year compound interest. Calculate :
(i) the interest of the first year.
(ii) the interest of the second year.
(iii) the final amount at the end of the second year.
(iv) the compound interest of two years.


Calculate the compound interest on Rs. 15,000 in 3 years; if the rates of interest for successive years be 6%, 8%, and 10% respectively.


Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest. Calculate the interest paid by her for the second year.


Peter borrows ₹ 12,000 for 2 years at 10% p.a. compound interest. He repays ₹ 8,000 at the end of the first year. Find:

  1. the amount at the end of the first year, before making the repayment.
  2. the amount at the end of the first year, after making the repayment.
  3. the principal for the second year.
  4. the amount to be paid at the end of the second year, to clear the account.

Find the difference between simple and compound interest on Rs 5000 invested for 3 years at 6% p.a., interest payable yearly.


A man borrows Rs 62500 at 8% p.a., simple interest for 2 years. He immediately lends the money out at CI at the same rate and for same time. What is his gain at the end of 2 years?


The difference between simple interest and compound interest compounded annually on a certain sum is Rs.448 for 2 years at 8 percent per annum. Find the sum.


The difference between the C.I and S.I for 2 years for a principal of ₹ 5000 at the rate of interest 8% p.a is ___________


Find the compound interest on ₹ 3200 at 2.5% p.a for 2 years, compounded annually


The cost of a machine is ₹ 18000 and it depreciates at `16 2/3 %` annually. Its value after 2 years will be ___________


Find the rate of compound interest at which a principal becomes 1.69 times itself in 2 years


Suppose a certain sum doubles in 2 years at r % rate of simple interest per annum or at R% rate of interest per annum compounded annually. We have ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×