Previous Year Papers

Download Solved Question Papers Free for Offline Practice and view Solutions Online.

Test Series

Take Zigya Full and Sectional Test Series. Time it out for real assessment and get your results instantly.

Test Yourself

Practice and master your preparation for a specific topic or chapter. Check you scores at the end of the test.

131.
Find the amount to be paid at the end of 2 years on Rs 2,400 at 5% per annum compounded annually.

We have: P = Rs 2400, R=5% p.a, T = 2 years

∵ Interest is compounded annually i.e. n=2

∴                      $straight A equals straight P open square brackets 1 plus straight R over 100 close square brackets to the power of straight n$

                       $straight A space equals space Rs space 2400 open square brackets 1 plus 5 over 100 close square brackets squared$

                          $equals space Rs space 2400 open square brackets 21 over 20 close square brackets squared space equals space Rs space 2400 space cross times space 21 over 20 space cross times 21 over 20$

                           = $Rs space left parenthesis 6 cross times 21 cross times 21 right parenthesis space equals space Rs space 2646$

348 Views

132.

Find the amount to be paid at the end of 1 year on Rs 1,800 at 8% per annum compounded quarterly.

631 Views

133.

A machinery worth Rs 10,500 depreciated by 5%. Find its value after one year.

899 Views

134.

Find the population of a city after 2 years, which is at present 12 lakh, if the rate of increase is 4%.

568 Views

135.

Calculate the amount and compound interest on Rs 10,800 for 3 years at 12¹/₂ % per annum compounded annually.

279 Views

136.

Calculate the amount and compound interest on Rs 18,000 for 2¹/₂ years at 10% per annum compounded annually.

650 Views

137.

Calculate the amount and compound interest on Rs 62,500 for 1¹/₂ years at 8% per annum compounded half yearly

315 Views

138.

Calculate the amount and compound interest on Rs 8,000 for 1 year at 9% per annum compounded half yearly.

243 Views

139.

Calculate the amount and compound interest on Rs 10,000 for 1 year at 8% per annum compounded half yearly.

80 Views

Long Answer Type

140.

Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?

(Hint: Find A for 2 years with interest is compounded yearly and then find SI an the 2nd year for ⁴/₁₂ tears.)

462 Views