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(English Medium) ICSE Class 9 - CISCE Question Bank Solutions for Mathematics

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Rs.16,000 is invested at 5% compound interest compounded per annum. Use the table, given below, to find the amount in 4 years.

Year ↓ 

Initial amount  (Rs.)

Interest (Rs.)

Final amount (Rs.)

1st 16,000 800 16,800
2nd ........... ........... ...........
3rd ........... ........... ...........
4th ........... ........... ...........
5th ........... ........... ...........
[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

Calculate the amount and the compound interest on :
Rs. 6,000 in 3 years at 5% per year.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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Calculate the amount and the compound interest on:

Rs. 8,000 in `2 1/2` years at 15% per year.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

Calculate the amount and the compound interest on :
₹ 4,600 in 2 years when the rates of interest of successive years are 10%and 12% respectively.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

Calculate the amount and the compound interest on:

Rs. 16,000 in 3 years, when the rates of the interest for successive years are 10%, 14% and 15% respectively.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

Find the compound interest, correct to the nearest rupee, on Rs. 2,400 for `2 1/2` years at 5 per cent per annum.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

Calculate the compound interest for the second year on ₹ 8,000/- invested for 3 years at 10% per annum.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

How much will Rs. 50,000 amount to in 3 years, compounded yearly, if the rates for the successive years are 6%, 8% and 10% respectively?

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

Find the compound interest on Rs. 4,000 accrued in three years, when the rate of interest is 8% for the first year and 10% per year for the second and the third years.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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?

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

A man lends  Rs. 12,500 at 12% for the first year, at 15% for the second year and at 18% for the third year. If the rates of interest are compounded yearly ; find the difference between the C.I. fo the first year and the compound interest for the third year.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

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.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is  Rs. 180/- Find the sum lent out, if the rate of interest in both the cases is 10% per annum.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

A manufacturer estimates that his machine depreciates by 15% of its value at the beginning of the year. Find the original value (cost) of the machine, if it depreciates by Rs. 5,355 during the second year.

[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined

A man invests ₹ 5,600 at 14% per annum compound interest for 2 years. Calculate:

  1. the interest for the first year.
  2. the amount at the end of the first year.
  3. the interest for the second year, correct to the nearest rupee.
[2] Compound Interest [Without Using Formula]
Chapter: [2] Compound Interest [Without Using Formula]
Concept: undefined >> undefined
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