हिंदी

The Difference Between C.I. Payable Annually and S.I. on Rs.50,000 for Two Years is Rs.125 at the Same Rate of Interest per Annum. Find the Rate of Interest. - Mathematics

Advertisements
Advertisements

प्रश्न

The difference between C.I. payable annually and S.I. on Rs.50,000 for two years is Rs.125 at the same rate of interest per annum. Find the rate of interest.

योग
Advertisements

उत्तर

Let the rate of interest per year be r%.

S.I. in 2 years = Rs.`(50000 xx "r" xx 2)/(100)`

= Rs.1000r

And, C.I. in 2 years 
= A - P

= Rs.`50000(1 + "r"/100)^2` - Rs.50000

Given, C.I. - S.I. = Rs.125

⇒ `50000(1 + "r"/100)^2 - 50000 - 1000"r"` = 125

⇒ `50000(1 + "r"^2/10000 + (2"r")/100) - 50000 - 1000"r"` = 125

⇒ 50000 + 5r2 + 1000r - 50000 - 1000r = 125
⇒  5r2 = 25
⇒  r2 = 25
⇒  r = ±5
But the rater of interest cannot ne negative.
∴ Rate of interest is 5%.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest - Exercise 3.2

APPEARS IN

फ्रैंक Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest
Exercise 3.2 | Q 13

संबंधित प्रश्न

Find the difference between the compound interest and simple interest. On a sum of Rs 50,000 at 10% per annum for 2 years.


Find the compound interest at the rate of 5% per annum for 3 years on that principal which in 3 years at the rate of 5% per annum gives Rs 1200 as simple interest.


The difference between the S.I. and C.I. on a certain sum of money for 2 years at 4% per annum is Rs 20. Find the sum.


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.


The difference in simple interest and compound interest on a certain sum of money at \[6\frac{2}{3} %\] per annum for 3 years is Rs 46. Determine the sum.


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 amounts to Rs. 5,292 in two years and Rs. 5,556.60 in three years, interest being compounded annually. Find : the rate of interest.


Mohit invests Rs. 8,000 for 3 years at a certain rate of interest, compounded annually. At the end of one year it amounts to Rs. 9,440. Calculate: 

  1. the rate of interest per annum.
  2. the amount at the end of the second year.
  3. the interest accrued in the third year.

Ramesh invests Rs. 12,800 for three years at the rate of 10% per annum compound interest. Find:

  1. the sum due to Ramesh at the end of the first year.
  2. the interest he earns for the second year.
  3. the total amount due to him at the end of the third year.

A man borrows Rs.10,000 at 10% compound interest compounded yearly. At the end of each year, he pays back 30% of the sum borrowed. How much money is left unpaid just after the second year ?


The value of a machine depreciated by 10% per year during the first two years and 15% per year during the third year. Express the total depreciation of the machine, as percent, during the three years.


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.


Saurabh invests Rs. 48,000 for 7 years at 10% per annum compound interest. Calculate:
(i) the interest for the first year.
(ii) the amount at the end of second year.
(iii) the interest for the third year.


On a certain sum of money, lent out at C.I., interests for first, second and third years are Rs. 1,500; Rs. 1,725 and Rs. 2,070 respectively. Find the rate of interest for the (i) second year (ii) third year.


Calculate the amount and the compound interest on Rs. 12,000 in 2 years and at 10% per year.


Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively.


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.


Calculate the compound interest for the second year on Rs. 15000 invested for 5 years at 6% per annum.


Calculate the difference between the compound interest and the simple interest on ₹ 7,500 in two years and at 8% per annum.


Calculate the difference between the compound interest and the simple interest on ₹ 8,000 in three years and at 10% per annum.


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 annual rate of growth in population of a town is 10%. If its present population is 26620, then the population 3 years ago was _________


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 ___________


A principal becomes ₹ 2028 in 2 years at 4% p.a compound interest. Find the principal


The time taken for ₹ 4400 to become ₹ 4851 at 10%, compounded half yearly is _______


The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×