मराठी

If principal = Rs 1,00,000, rate of interest = 10% compounded half yearly. Find Interest for 6 months. Amount after 6 months. Interest for next 6 months. Amount after one year.

Advertisements
Advertisements

प्रश्न

If principal = Rs 1,00,000, rate of interest = 10% compounded half yearly. Find

  1. Interest for 6 months.
  2. Amount after 6 months.
  3. Interest for next 6 months.
  4. Amount after one year.
बेरीज
Advertisements

उत्तर

Principal (P) = ₹ 100000

Rate of interest (R) = 10% compounded half-yearly

i. Interest for 6 months,

We know that,

Compound interest, CI = A – P

Where, `A = P(1 + R/200)^n`  ...[For 6 months]

∴ `A = P(1 + R/200)^n = 100000(1 + 10/200)^1`  ...[∵ n = 1 for 6 months]

= `100000 xx 21/20`

= ₹ 105000

∴ Compound interest, CI = A – P

= ₹ 105000 – ₹ 100000

= ₹ 5000

ii. Amount after 6 months = ₹ 105000

iii. Interest for next 6 months

Principal = Amount after 6 months

∴ Principal (P) = ₹ 105000

Rate of interest (R) = 10%

∴ `A = P(1 + R/200)^n`

= `105000(1 + 10/200)^1`  ...[∵  n = 1 for 6 months]

= `105000 xx 21/20`

= `2205000/20`

= ₹ 110250

∵ Compound interest, CI = A – P

= ₹ 110250 – ₹ 105000

= ₹ 5250

iv. Amount after one year = ₹ 110250

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Comparing Quantities - Exercise [पृष्ठ २९६]

APPEARS IN

एनसीईआरटी एक्झांप्लर Mathematics Exemplar [English] Class 8
पाठ 9 Comparing Quantities
Exercise | Q 85. | पृष्ठ २९६

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Kamala borrowed Rs 26400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?

(Hint: Find A for 2 years with interest is compounded yearly and then find SI on the 2nd year amount for `4/12` years.)


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 compound interest at the rate of 10% per annum for two years on that principal which in two years at the rate of 10% per annum gives Rs 200 as simple interest.


Anil borrowed a sum of Rs 9600 to install a handpump in his dairy. If the rate of interest is \[5\frac{1}{2} %\] per annum compounded annually, determine the compound interest which Anil will have to pay after 3 years.


Find the amount of Rs 2400 after 3 years, when the interest is compounded annually at the rate of 20% per annum.


Amit borrowed Rs 16000 at \[17\frac{1}{2} \%\] per annum simple interest. On the same day, he lent it to Ashu at the same rate but compounded annually. What does he gain at the end of 2 years?


Find the compound interest on Rs 15625 for 9 months, at 16% per annum, compounded quarterly.


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.


Ishita invested a sum of Rs 12000 at 5% per annum compound interest. She received an amount of Rs 13230 after n years. Find the value of n.


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×