Advertisements
Advertisements
प्रश्न
Calculate the amount and the compound interest on Rs. 10,000 in 3 years at 8% per annum.
Advertisements
उत्तर
Given:
- Principal (P) = Rs. 10,000,
- Rate (R) = 8% per annum,
- Time (T) = 3 years.
`A=P(1+R/100)^T`
`A=10000(1+8/100)^3`
= 10,000 (1.08)3
Step 1: Calculate (1.08)3
(1.08)3 = 1.08 × 1.08 × 1.08 = 1.259712.
Step 2: Calculate the amount (A)
A = 10,000 × 1.259712 = Rs. 12,597.12.
Step 3: Calculate the compound interest
CI = A − P = 12,597.12 − 10,000 = Rs. 2,597.12.
- Amount: Rs. 12,597.12,
- Compound Interest: Rs. 2,597.12.
APPEARS IN
संबंधित 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)
What will Rs 125000 amount to at the rate of 6%, if the interest is calculated after every 3 months?
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.
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 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.
Calculate the difference between the compound interest and the simple interest on ₹ 7,500 in two years and at 8% per annum.
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.
If the present population of a city is P and it increases at the rate of r% p.a, then the population n years ago would be `"P"(1 + "r"/100)^"n"`
The sum which amounts to ₹ 2662 at 10% p.a in 3 years, compounded yearly is _________
Find the difference between Compound Interest and Simple Interest on Rs 45,000 at 12% per annum for 5 years.
