Advertisements
Advertisements
प्रश्न
Find the compound interest when principal = Rs 3000, rate = 5% per annum and time = 2 years.
Advertisements
उत्तर
Principal for the first year = Rs 3, 000
Interest for the first year\[ = Rs\left( \frac{3, 000 \times 5 \times 1}{100} \right)\]
= Rs 150
Amount at the end of the first year = Rs 3, 000 + Rs 150
= Rs 3, 150
Principal for the second year = Rs 3, 150
Interest for the second year \[= Rs\left( \frac{3, 150 \times 5 \times 1}{100} \right)\]
= Rs 157 . 50
Amount at the end of the second year = Rs 3, 150 + Rs 157 . 50
= Rs 3307 . 50
∴ Compound interest \[ = Rs\left( 3, 307 . 50 - 3, 000 \right)\]
= Rs 307 . 50
APPEARS IN
संबंधित प्रश्न
Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after `1 1/2` years if the interest is
(1) Compounded annually
(2) Compounded half yearly
Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find.
1) The amount credited against her name at the end of the second year
2) The interest for the 3rd year.
Find the amount and the compound interest on Rs 10,000 for `1 1/2` years at 10% per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?
Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.
Rakesh lent out Rs 10000 for 2 years at 20% per annum, compounded annually. How much more he could earn if the interest be compounded half-yearly?
Rekha deposited Rs 16000 in a foreign bank which pays interest at the rate of 20% per annum compounded quarterly, find the interest received by Rekha after one year.
Find the rate at which a sum of money will become four times the original amount in 2 years, if the interest is compounded half-yearly.
A certain sum amounts to Rs 5832 in 2 years at 8% compounded interest. Find the sum.
Ashima took a loan of Rs 1,00,000 at 12% p.a. compounded half-yearly. She paid Rs 1,12,360. If (1.06)2 is equal to 1.1236, then the period for which she took the loan is ______.
Rahim borrowed Rs 10,24,000 from a bank for one year. If the bank charges interest of 5% per annum, compounded half-yearly, what amount will he have to pay after the given time period. Also, find the interest paid by him.
