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
Jaya borrowed Rs. 50,000 for 2 years. The rates of interest for two successive years are 12% and 15% respectively. She repays 33,000 at the end of the first year. Find the amount she must pay at the end of the second year to clear her debt.
Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest,
Find the interest earned in the third year.
Aryan borrowed a sum or Rs. 36,000 for `1 1/2` years at 10 % p.a. compound interest.
Find the amount he needs to return to clear the debt.
Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :
The amount received by him had he chosen tlle duration of the deposit to be 2 years.
Calculate The Amount and the Cornpound Interest for the Following:
Rs 15,000 for 2 years at 6°/o for the first year and 7°/o for tl1e second year.
Archana borrowed Rs 18,000 from Ritu at 12% p.a. compound interest. If at the end of the 1st, 2nd, and 3rd years, Archana returned Rs 5,250, Rs 5,875 and Rs 6,875 respectively, find the amount Archana has to pay Ritu at the end of the 4th year to clear her debt.
Calculate the amount and the compound interest on :
Rs. 6,000 in 3 years at 5% per year.
A sum of money is lent at 8% per annum compound interest. If the interest for the second year exceeds that for the first year by Rs. 96, find the sum of money.
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.
A man invests ₹ 5,600 at 14% per annum compound interest for 2 years. Calculate:
- the interest for the first year.
- the amount at the end of the first year.
- the interest for the second year, correct to the nearest rupee.
