Advertisements
Advertisements
प्रश्न
Mr Kumar borrowed Rs. 15000 for two years. The rates of interest for two successive years are 8% and 10% respectively. If he repays Rs. 6200 at the end of the first year, find the outstanding amount at the end of the second year.
Advertisements
उत्तर
Here Principal, P = Rs. 15000
Rate of interest, R = 8% for first year and 10% for second year
Interest for 1st year = `(PxxRxxT)/100 = (15000 xx 8 xx 1)/100 = Rs 1200`
Amount at the end of first year = Rs. 15000 + 1200 = Rs. 16200
Kumar repays Rs. 6200 at the end of first year.
∴Principal for second year = Rs. 16200 – Rs. 6200 = Rs. 10000
Interest for second year = `(P xx R xx T)/100 = (10000 xx 10 xx 1)/100 = Rs 1000`
Amount at the end of second year = Rs. 10000 + Rs. 1000 = Rs. 11000
APPEARS IN
संबंधित प्रश्न
Jaya borrowed Rs. 50,000 for 2 years. The rates of interest for two successive years are 12% and 15% respectively. She repays 33,000 at the end of the first year. Find the amount she must pay at the end of the second year to clear her debt.
Calculate the arnount and the cornpound interest for the following:
Rs 20,000 for 3 years at `7 1/2 %` for the first year, 8% for the second year and 10% for the third year.
Meera borrowed Rs 12,500 on compound interest from Rajeev for 2 years when the rates of interest for successive years were 8% and 10%. If Meera returned Rs 7,500 at the end of the first year, find the amount she has to return at the end of the second year.
Calculate the amount and cornpound interest for the following, when cornpounded annually:
Rs 25,000 for 3 years at 8 % p.a.
A man borrows Rs. 5,000 at 12 percent compound interest payable every six months. He repays Rs. 1,800 at the end of every six months. Calculate the third payment he has to make at the end of 18 months in order to clear the entire loan.
A man invests ₹ 5,600 at 14% per annum compound interest for 2 years. Calculate:
- the interest for the first year.
- the amount at the end of the first year.
- the interest for the second year, correct to the nearest rupee.
A man borrows Rs. 10,000 at 5% per annum compound interest. He repays 35% of the sum borrowed at the end of the first year and 42% of the sum borrowed at the end of the second year. How much must he pay at the end of the third year in order to clear the debt ?
There is a continuous growth in population of a village at the rate of 5% per annum. If its present population is 9,261, what population was 3 years ago?
Mr. Kumar borrowed Rs. 15,000 for two years. The rate of interest for the two successive years are 8% and 10% respectively. If he repays Rs. 6,200 at the end of the first year, find the outstanding amount at the end of the second year.
The compound interest, calculated yearly, on a certain sum of money for the second year is Rs. 1320 and for the third year is Rs. 1452. Calculate the rate of interest and the original sum of money.
