Advertisements
Advertisements
प्रश्न
I borrowed Rs 12000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per annum compound interest, what extra amount would I have to pay?
Advertisements
उत्तर
P = Rs 12000
R = 6% per annum
T = 2 years
S.I = `"P x R x T"/100 = Rs ((12000xx6xx2)/100) = Rs 1440`
To find the compound interest, the amount (A) has to be calculated.
`A = P(1 + R/100)^n = Rs [12000(1 + 6/100)^2]`
`= Rs [12000(1 + 3/50)^2] = Rs(12000 xx 53/50xx 53/50)`
= Rs 13483.20
∴ C.I. = A − P = Rs 13483.20 − Rs 12000 = Rs 1,483.20
C.I. − S.I. = Rs 1,483.20 − Rs 1,440 = Rs 43.20
Thus, the extra amount to be paid is Rs 43.20
संबंधित प्रश्न
Find the amount of Rs 2400 after 3 years, when the interest is compounded annually at the rate of 20% per annum.
Rahman lent Rs 16000 to Rasheed at the rate of \[12\frac{1}{2} %\] per annum compound interest. Find the amount payable by Rasheed to Rahman after 3 years.
Meera borrowed a sum of Rs 1000 from Sita for two years. If the rate of interest is 10% compounded annually, find the amount that Meera has to pay back.
Find the amount that David would receive if he invests Rs 8192 for 18 months at \[12\frac{1}{2} \%\] per annum, the interest being compounded half-yearly.
Ramu borrowed Rs 15625 from a finance company to buy a scooter. If the rate of interest be 16% per annum compounded annually, what payment will he have to make after \[2\frac{1}{4}\] years?
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.
A sum of money deposited at 2% per annum compounded annually becomes Rs 10404 at the end of 2 years. Find the sum deposited.
Sum of money amounts to Rs 453690 in 2 years at 6.5% per annum compounded annually. Find the sum.
The compound interest on Rs 8,000 for one year at 16% p.a. compounded half yearly is ______, given that (1.08)2 = 1.1664.
