मराठी

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 ?

Advertisements
Advertisements

प्रश्न

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 ?

बेरीज
Advertisements

उत्तर

For 1st year :
P = Rs. 10,000; R = 10% and T = 1 year

Interest = Rs. `[10,000 xx 10 xx 1]/100`= Rs.1,000

Amount at the end of 1st year = Rs. 10,000 + Rs. 1,000 = Rs. 11,000

Money paid at the end of 1st year = 30% of Rs. 10,000 = Rs. 3,000

∴ Principal for 2nd year = Rs. 11,000 - Rs. 3,000 = Rs. 8,000

For 2nd year :

P = Rs. 8,000; R = 10% and T = 1 year

Interest = Rs. `[8,000 xx 10 xx 1]/[100]` = Rs. 800

Amount at the end of 2nd year = Rs. 8,000 + Rs. 800 = Rs. 8,800

Money paid at the end of 2nd year = 30% of Rs. 10,000 = Rs. 3,000

∴ Principal for 3rd year = Rs. 8,800 - Rs. 3,000 =Rs. 5,800.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Compound Interest (Without using formula) - Exercise 2 (C) [पृष्ठ ३८]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
पाठ 2 Compound Interest (Without using formula)
Exercise 2 (C) | Q 11 | पृष्ठ ३८

संबंधित प्रश्‍न

Calculate the amount and compound interest on Rs 62500 for `1 1/2` years at 8% per annum compounded half yearly.


What will Rs 125000 amount to at the rate of 6%, if the interest is calculated after every 3 months?


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.


Simple interest on a sum of money for 2 years at \[6\frac{1}{2} %\] per annum is Rs 5200. What will be the compound interest on the sum at the same rate for the same period?


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.


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.


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.


Ashok borrowed Rs. 12,000 at some rate on compound interest. After a year, he paid back Rs.4,000. If the compound interest for the second year is Rs. 920, find:

  1. The rate of interest charged
  2. The amount of debt at the end of the second 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 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.


A certain sum of money invested for 5 years at 8% p.a. simple interest earns an interest of ₹ 12,000. Find:
(i) the sum of money.
(ii) the compound interest earned by this money in two years and at 10% p.a. compound interest.


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


If the compound interest is calculated quarterly, the amount is found using the formula __________


Depreciation value is calculated by the formula, `"P"(1 - "r"/100)^"n"`


The present value of a machine is ₹ 16800. It depreciates at 25% p.a. Its worth after 2 years is ₹ 9450


The time taken for ₹ 1000 to become ₹ 1331 at 20% p.a, compounded annually is 3 years


Find the compound interest for `2 1/2` years on ₹ 4000 at 10% p.a, if the interest is compounded yearly


Find the C.I. on ₹ 15000 for 3 years if the rates of interest are 15%, 20% and 25% for the I, II and III years respectively


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


The sum which amounts to ₹ 2662 at 10% p.a in 3 years, compounded yearly is _________


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 ______.


A sum is taken for two years at 16% p.a. If interest is compounded after every three months, the number of times for which interest is charged in 2 years is ______.


To calculate the growth of a bacteria if the rate of growth is known, the formula for calculation of amount in compound interest can be used.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×