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
If a, b, c are in continued proportion, prove that (a + b + c) (a – b + c) = a2 + b2 + c2
Calculate the amount and the compound interest for the following:
Rs. 7500 at 12% p.a. in 3 years.
Calculate the amount and the compound interest for the following:
Rs.25, 000 at `8 2/5 %` p.a. in `1 1/3` years
A sum of Rs. 65000 is invested for 3 years at 8 % p.a. compound interest.
Find the sum due at the end of the second year.
Pooja borrowed Rs 15,000 from Sonali at 11% p.a. compound interest. If she repays Rs 7,550 at the end of first year and Rs 6,101 at the end of second year, find the amount Pooja needs to give to Sonali at the end of third year to clear her debt.
Prakash borrowed Rs 10,000 from Rajesh for 2 years at 6% and 8% p.a. compound interest for successive years. If Prakash returns Rs 5,600 at the end of the first year, how much does he have to give to Rajesh at the end of the second year to clear the loan?
Manoj saves Rs 5,000 every year and invests it at 12% p.a. compound interest. Calculate his savings at the end of the third year.
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.
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.
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.
