Advertisements
Advertisements
प्रश्न
Compute the compound interest for the third year on Rs. 5000 invested for 5 years at 10% per annum, the interest being payable annually.
Advertisements
उत्तर
For 1st year : P = Rs.5000, R = 10% and T = 1 year
∴ Interest = Rs.`(5000 xx 10 xx 1)/(100)`
= Rs.500
And, amount
=Rs.5000 + Rs.500
=Rs.5500
For 2nd year : P = Rs.5500, R = 10% and T = 1 year
∴ Interest = Rs.`(5500 xx 10 xx 1)/(100)`
=Rs.550
And, amount
= Rs.5500 + Rs.550
=Rs.6050
For 3rd year : P = Rs.6050, R = 10% and T = 1 year
∴ Interest = Rs.`(6050 xx 10 xx 1)/(100)`
= Rs.605
∴ Compound interest for 3rd year is Rs.605.
APPEARS IN
संबंधित प्रश्न
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.40, 000 at `5 1/4` % p.a. in `1 1/3` years
Calculate the amount and the compound interest for the following:
Rs.22, 500 at 12 °/o p.a. in `1 3/4` years
The value of a machine depreciates by 10%, 12% and 15% in the first 3 years. Express the total depreciation of the machine as a single per cent during the three years.
The value of a scooter depreciates by 12% of its value at the beginning of the year. Find the original value of the scooter if it depreciated by Rs 2,640 in the second year.
The value of a refrigerator depreciates by 8% of its value at the beginning of the year. Find the original value of the refrigerator if it depreciated by Rs 2,392 in the second year.
Simple interest on a sum of money for 2 years at 4% is Rs. 450. Find compound interest on the same sum and at the same rate for 1 year, if the interest is reckoned half yearly.
Calculate the amount and compound interest on Rs 20000 for 3 years at 10% per annum, interest being payable annually.
Ankita bought a gold ring worth Rs.x. The value of the ring increased at 10% per year compounded annually, on which the appreciation for the first year plus the appreciation for the second year amounts to Rs.6300. Find the value of the ring.
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?
