मराठी

Priyanka Lends Rs.15,500 at 10% for the First Year, at 15% for the Second Year and at 20% for the Third Year. If the Rates of Interest Are Compounded Yearly, Find the Difference

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प्रश्न

Priyanka lends Rs.15,500 at 10% for the first year, at 15% for the second year and at 20% for the third year. If the rates of interest are compounded yearly, find the difference between the compound interest of the second year and the third year.

बेरीज
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उत्तर

For 1st year : P = Rs.15500, R = 10% and T = 1 year

Interest = Rs.`(15500 xx 10 xx 1)/(100)`
= Rs.1550
Amount
= Rs.15500 + Rs.1550
= Rs.17050
For 2nd year : P = Rs.17050, R = 15% and T = 1 year

Interest = Rs.`(17050 xx 15 xx 1)/(100)`
= Rs.2557.50
Amount
= Rs.17050 + Rs.2557.50
= Rs.19607.50
For 3rd year : P = Rs.19607.50;  R = 20% and T = 1 year

= Rs.`(19607.50 xx 20 xx 1)/(100)`
= Rs.3921.50
Amount
= Rs.19607.50 + Rs.3921.50
= Rs.23529
Difference between the C.I. of the 2nd year and the 3rd year
= Rs.(3921.50 - 2557.50)
= Rs.1364.

shaalaa.com
Concept of Compound Interest - Use of Compound Interest in Computing Amount Over a Period of 2 Or 3-years
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Compound Interest - Exercise 3.1

APPEARS IN

फ्रँक Mathematics Part 1 [English] Class 9 ICSE
पाठ 2 Compound Interest
Exercise 3.1 | Q 24

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