Advertisements
Advertisements
प्रश्न
Mohan borrowed Rs 25,000 at 10% p.a. compound interest. If he pays back Rs 7,500 every year, find the amount of loan outstanding at the beginning of the fourth year.
Advertisements
उत्तर
P = Rs. 25,000, R = 10°/o p.a.
Interest for first year
`= ("Rs" 25000 xx 10 xx 1)/100`
= Rs2,500
Amount due after 1st year
= Rs. 25,000 + Rs. 2,500
=Rs 27,500
Amount paid after 1st year= Rs. 7,500
Balance amount = Rs. 27,500 - Rs. 7,500 = Rs. 20,000
Interest for seoond year
`= ("Rs" 20000 xx 10 xx 1)/100`
= Rs 2000
Amount due after 2nd year
= Rs. 20,000 + Rs. 2,000 =Rs 22,000
Amount paid after 2nd year= Rs. 7,500
Balance amount= Rs. 22,000 - Rs. 7,500 = Rs. 14,500
Interest for third year
`= ("Rs" 14500 xx 10 xx 1)/100`
= Rs 1, 450
Amount due after 3rd year
= Rs. 14,500 + Rs. 1,450 = Rs 15,950
Amount paid after 3rd year= Rs. 7,500
Balance amount = Rs. 15, 950 - Rs. 7 ,500 =Rs. 8,450
Loan outstanding at the beginning of the fourth year = Rs 8,450.
संबंधित प्रश्न
Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest,
Find the interest earned in the third year.
Natasha gave Rs.6O,OOO to Nimish for 3 years at 15%,p.a. compound interest.
Calculate to the nearest rupee :
The Compound Interest paid by Nimish
A man's savings increases by Rs 50 every year. If he saves Rs 500 in the first year and puts it at 10% compound interest, find his savings at the end of the third year.
Find the sum invested at 8% p.a. compound interest on which the interest for the third year exceeds that of the first year by Rs 166.40.
A borrowed Rs. 2,500 from B at 12% per annum compound interest. After 2 years, A gave Rs. 2,936 and a watch to B to clear the account. Find the cost of the watch.
Meenal lends Rs. 75,000 at C.I. for 3 years. If the rate of interest for the first two years is 15% per year and for the third year it is 16%, calculate the sum Meenal will get at the end of the third year.
Govind borrows Rs 18,000 at 10% simple interest. He immediately invests the money borrowed at 10% compound interest compounded half-yearly. How much money does Govind gain in one year?
A sum of money is lent at 8% per annum compound interest. If the interest for the second year exceeds that for the first year by Rs. 96, find the sum of money.
A man borrows Rs. 6,000 at 5% C.I. per annum. If he repays Rs. 1,200 at the end of each year, find the amount of the loan outstanding at the beginning of the third year.
The population of a town 2 years ago was 62,500. Due to migration to cities, it decreases at the rate of 4% per annum. Find its present population.
