Advertisements
Advertisements
प्रश्न
Calculate the amount and compound interest on Rs 20000 for 3 years at 10% per annum, interest being payable annually.
Advertisements
उत्तर
Here P1 = Rs.20000 and r = 10%
So, Amount after 1 year
= `"P"(1 + "r"/100)`
= `20000(1 + 10/100)`
= `20000 xx (110)/(100)` = 22000
Thus, P2 = Rs.22000 and r = 10%
Amount after 2 year
= `"P"(1 + "r"/100)`
= `22000(1 + 10/100)`
= `22000 xx (110)/(100)` = 24200
Thus, P3 = Rs.24200 and r = 10%
Amount after 3 year
= `"P"(1 + "r"/100)`
= `24200(1 + 10/100)`
= `24200 xx (110)/(100)` = 26620
Hence, Amount = Rs.26620
Also, C.I.
= A - P
= Rs.26620 - Rs.20000
= Rs.6620.
APPEARS IN
संबंधित प्रश्न
Mr Lalit invested Rs. 5000 at a certain rate of interest, compounded annually for two years. At the end of the first year, it amounts to Rs. 5325. Calculate
1) The rate of interest
2) The amount at the end of the second year, to the nearest rupee.
In what time will Rs. 1500 yield Rs. 496.50 as compound interest at 10% per annum compounded annually?
In what period of time will Rs. 12,000 yield Rs. 3972 as compound interest at 10% per annum, if compounded on a yearly basis?
Calculate the amount and the compound interest for the following:
Rs.17,500 at 12°10 p.a. in 3 years
Calculate the amount and the compound interest for the following:
Rs.30,000 at 8°/o p.a. in `2 1/2` years
Calculate the amount and the compound interest for the following:
Rs.10,000 at 8°/o p.a. in `2 1/4` years
A certain sum of money invested at compound interest compounded annually amounted to Rs 26,450 in 2 years and to Rs 30,417.50 in 3 years. Calculate the rate of interest and the sum invested.
Find the amount and the compound interest on Rs 17500 for 3 years, if the rates for successive years is 4%, 5% and 6% respectively, the interest is payable annually.
A man borrows Rs.20000 at 10% per annum compound interest payable annually. If he repays Rs.5000 at the end of the first year and Rs.10000 at the end of the second year; how much should he pay at the end of the third year in order to clear the account? Find the answer correct to the nearest rupee.
How much will Rs 25000 amount to in 2 years at compound interest, if the rates for 1st and 2nd years be 4% and 5% p.a. respectively?
