हिंदी

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. - Mathematics

Advertisements
Advertisements

प्रश्न

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.

योग
Advertisements

उत्तर

Let the money borrowed by Rachana be Rs x.
Then, we have: 
\[CI = P \left( 1 + \frac{R}{100} \right)^n - P\]
\[1, 290 = x\left[ \left( 1 + \frac{15}{100} \right)^2 - 1 \right]\]
\[1, 290 = x\left[ 0 . 3225 \right]\]
\[x = \frac{1, 290}{0 . 3225}\]
\[ = 4, 000\]
Thus, Rachana borrowed Rs 4, 000.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Compound Interest - Exercise 14.3 [पृष्ठ २०]

APPEARS IN

आरडी शर्मा Mathematics [English] Class 8
अध्याय 14 Compound Interest
Exercise 14.3 | Q 6 | पृष्ठ २०

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

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.


The interest on a sum of Rs 2000 is being compounded annually at the rate of 4% per annum. Find the period for which the compound interest is Rs 163.20.


The difference between the compound interest and simple interest on a certain sum for 2 years at 7.5% per annum is Rs 360. Find the sum.


A sum of Rs. 13,500 is invested at 16% per annum compound interest for 5years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of first year.
(iii) the interest for the second year, correct to the nearest rupee.


Mr. Sharma lends ₹24,000 at 13% p.a. simple interest and an equal sum at 12% p.a. compound interest. Find the total interest earned by Mr. Sharma in 2 years.


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.

The compound interest on ₹ 8000 at 10% p.a for 1 year, compounded half yearly is ____________


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


Suppose for the principal P, rate R% and time T, the simple interest is S and compound interest is C. Consider the possibilities.

  1. C > S
  2. C = S
  3. C < S

Then


Compound interest is the interest calculated on the previous year’s amount.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×