Advertisements
Advertisements
प्रश्न
Calculate the amount and compound interest on Rs 8000 for 1 year at 9% per annum compound half yearly. (You could use the year by year calculation using SI formula to verify)
Advertisements
उत्तर
Principal (P) = Rs 8000
Rate of interest = 9% per annum or `9/2` % per half year
Number of years = 1 year
There will be 2 half years in 1 year.
`A = P(1 + R/100)^n`
= `Rs [8000(1 + 9/200)^2]`
= Rs `[8000(209/200)^2] = Rs 8736.20`
C.I. = A − P = Rs 8736.20 − Rs 8000 = Rs 736.20
संबंधित प्रश्न
Calculate the amount and compound interest on Rs 10000 for 1 year at 8% per annum compounded half yearly.
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.
In what time will Rs 1000 amount to Rs 1331 at 10% per annum, compound interest?
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.
Ramesh invests Rs. 12,800 for three years at the rate of 10% per annum compound interest. Find:
- the sum due to Ramesh at the end of the first year.
- the interest he earns for the second year.
- the total amount due to him at the end of the third year.
The cost of a machine depreciated by Rs. 4,000 during the first year and by Rs. 3,600 during the second year. Calculate :
- The rate of depreciation.
- The original cost of the machine.
- Its cost at the end of the third year.
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.
Mohan borrowed Rs. 16,000 for 3 years at 5% per annum compound interest. Calculate the amount that Mohan will pay at the end of 3 years.
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 _________
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 ______.
