Advertisements
Advertisements
प्रश्न
Calculate the difference between the simple interest and the compound interest on Rs. 4,000 in 2 years at 8% per annum compounded yearly.
Advertisements
उत्तर
For 1st year
P = Rs. 4000
R = 8
T = 1 year
I = `[4000 xx 8 xx 1 ]/100` = 320
A = 4000 + 320 = Rs. 4320
For 2nd year
P = Rs. 4320
R = 8%
T = 1 year
I = `[ 4320 xx 8 xx 1]/100` = Rs. 345.60
A = 4320 + 345.60 = 4665.60
Compound interest = Rs. 4665.60 - Rs. 4000 = Rs. 665.60
Simple interest for 2 years = `[ 4000 xx 8 xx 2 ]/100` = Rs. 640
Difference of CI and SI = 665.60 - 640 = Rs 25.60.
APPEARS IN
संबंधित प्रश्न
At what rate % p.a. will a sum of Rs. 4000 yield Rs. 1324 as compound interest in 3 years?
A sum of Rs. 65000 is invested for 3 years at 8 % p.a. compound interest.
Find the sum due at the end of the first year.
A sum of Rs. 65000 is invested for 3 years at 8 % p.a. compound interest.
Find the sum due at the end of the second year.
Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest,
Find the interest earned in the third year.
Ameeha loaned Rs. 24,000 to a friend for `2 1/2` at 10 % p.a. compond interest.
Calculate the amount received by her at the end of time period.
Ramesh saves Rs 4,000 every year and invests it at 10% p.a. compound interest. Calculate his savings at the end of the third year.
A man's savings increases by Rs 50 every year. If he saves Rs 500 in the first year and puts it at 10% compound interest, find his savings at the end of the third year.
Neena's savings increases by Rs 1,000 every year. If she saves Rs 4,000 in the first year and invests it at 15% compound interest, find her total savings at the end of the third year.
Meenal lends Rs. 75,000 at C.I. for 3 years. If the rate of interest for the first two years is 15% per year and for the third year it is 16%, calculate the sum Meenal will get at the end of the third year.
On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180/- Find the sum lent out, if the rate of interest in both the cases is 10% per annum.
