मराठी

Find the Sum, Invested at 10% Compounded Annually, on Which the Interest for the Third Year Exceeds the Interest of the First Year by Rs 252.

Advertisements
Advertisements

प्रश्न

Find the sum, invested at 10% compounded annually, on which the interest for the third year exceeds the interest of the first year by Rs. 252.

बेरीज
Advertisements

उत्तर

Let the sum of money be Rs.100.
Rate of interest = 10% p.a.
Interest at the end of 1st year = 10% of Rs. 100 = Rs. 10
Amount at the end of 1st year = Rs. 100 + Rs. 10 = Rs. 110
Interest at the end of 2nd year = 10% of Rs. 110 = Rs. 11
Amount at the end of 2nd year = Rs. 110 + Rs. 11 = Rs.121
Interest at the end of 3rd year =10% of Rs. 121= Rs. 12.10
Difference between interest of 3rd year and 1st year
= Rs. 12.10 - Rs. 10 = Rs. 2.10
When difference is Rs. 2.10, principal is Rs. 100
When difference is Rs. 252, principal = `[100 xx 252]/2.10` = Rs.12,000.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Compound Interest (Stage 1) [Basic Concepts] - Exercise 2 (C) [पृष्ठ ३८]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
पाठ 2 Compound Interest (Stage 1) [Basic Concepts]
Exercise 2 (C) | Q 10 | पृष्ठ ३८

संबंधित प्रश्‍न

Calculate the amount and compound interest on Rs 10800 for 3 years at `12 1/2` % per annum compounded annually.


Calculate the amount and compound interest on Rs 10000 for 1 year at 8% per annum compounded half yearly.


The interest on a sum of Rs 2000 is being compounded annually at the rate of 4% per annum. Find the period for which the compound interest is Rs 163.20.


The difference in simple interest and compound interest on a certain sum of money at \[6\frac{2}{3} %\] per annum for 3 years is Rs 46. Determine the sum.


At what rate percent per annum will a sum of Rs 4000 yield compound interest of Rs 410 in 2 years?


A sum is invested at compound interest, compounded yearly. If the interest for two successive years is Rs. 5,700 and Rs. 7,410. calculate the rate of interest.


Geeta borrowed Rs. 15,000 for 18 months at a certain rate of interest compounded semi-annually. If at the end of six months it amounted to Rs. 15,600; calculate :
(i) the rate of interest per annum.
(ii) the total amount of money that Geeta must pay at the end of 18 months in order to clear the account.


Ramesh invests Rs. 12,800 for three years at the rate of 10% per annum compound interest. Find:

  1. the sum due to Ramesh at the end of the first year.
  2. the interest he earns for the second year.
  3. the total amount due to him at the end of the third year.

Rs. 8,000 is lent out at 7% compound interest for 2 years. At the end of the first year Rs. 3,560 are returned. Calculate :
(i) the interest paid for the second year.
(ii) the total interest paid in two years.
(iii) the total amount of money paid in two years to clear the debt.


The cost of a machine depreciated by Rs. 4,000 during the first year and by Rs. 3,600 during the second year. Calculate :

  1. The rate of depreciation.
  2. The original cost of the machine.
  3. Its cost at the end of the third year.

On a certain sum of money, invested at the rate of 10 percent per annum compounded annually, the interest for the first year plus the interest for the third year is Rs. 2,652. Find the sum.


A sum of Rs. 13,500 is invested at 16% per annum compound interest for 5years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of first year.
(iii) the interest for the second year, correct to the nearest rupee.


Ashok borrowed Rs. 12,000 at some rate on compound interest. After a year, he paid back Rs.4,000. If the compound interest for the second year is Rs. 920, find:

  1. The rate of interest charged
  2. The amount of debt at the end of the second year

Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively.


Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest. Calculate the interest paid by her for the second year.


Calculate the compound interest for the second year on Rs. 15000 invested for 5 years at 6% per annum.


The simple interest on a certain sum of money at 4% p.a. for 2 years is Rs1500. What will be the compound interest on the same sum for the same time?


The difference between simple interest and compound interest compounded annually on a certain sum is Rs.448 for 2 years at 8 percent per annum. Find the sum.


The compound interest on ₹ 5000 at 12% p.a for 2 years, compounded annually is ___________


The annual rate of growth in population of a town is 10%. If its present population is 26620, then the population 3 years ago was _________


The difference between the C.I and S.I for 2 years for a principal of ₹ 5000 at the rate of interest 8% p.a is ___________


Depreciation value is calculated by the formula, `"P"(1 - "r"/100)^"n"`


The time taken for ₹ 1000 to become ₹ 1331 at 20% p.a, compounded annually is 3 years


The sum which amounts to ₹ 2662 at 10% p.a in 3 years, compounded yearly is _________


Suppose for the principal P, rate R% and time T, the simple interest is S and compound interest is C. Consider the possibilities.

  1. C > S
  2. C = S
  3. C < S

Then


Compound interest is the interest calculated on the previous year’s amount.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×