English

Natasha Gave Rs.6o,Ooo to Nimish for 3 Years at 15%,P.A. Compound Interest. Calculate to the Nearest Rupee : - Mathematics

Advertisements
Advertisements

Question

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

Sum
Advertisements

Solution

`"C"_"total" = 20541`

shaalaa.com
Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
  Is there an error in this question or solution?
Chapter 1: Compound Interest - Exercise 1.1 [Page 6]

APPEARS IN

Frank Mathematics - Part 2 [English] Class 10 ICSE
Chapter 1 Compound Interest
Exercise 1.1 | Q 7.2 | Page 6

RELATED QUESTIONS

Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest ,

Find the amount at the end of third year.


Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The amount received by him at the end of three years.


Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The compound inrerest received by him.


Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The amount received by him had he chosen tlle duration of the deposit to be 2 years.


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.


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.


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.


Calculate the difference between the simple interest and the compound interest on Rs. 4,000 in 2 years at 8% per annum compounded yearly.


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×