Find the amount to be paid at the end of 1 year on Rs 1,800 at 8

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 Multiple Choice QuestionsShort Answer Type

131.

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


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132.

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


Here, interest compounded quarterly.

∴                      R = 8% p.a = 8 over 4 % comma  i.e. 2% per quarter

                       T = 1 year = 4 cross times 1, i.e. 4 quarters or n = 4

Now,               straight A equals space straight P open square brackets 1 plus straight R over 100 close square brackets to the power of straight n

                        = Rs 1800open square brackets 1 plus 2 over 100 close square brackets to the power of 4 space equals space Rs space 1800 open square brackets 51 over 50 close square brackets to the power of 4

                        = Rs 1800cross times51 over 50cross times51 over 50 cross times 51 over 50 cross times 51 over 50

                        = Rs fraction numerator 18 cross times 51 cross times 51 cross times 51 cross times 51 over denominator 5 cross times 5 cross times 50 cross times 50 end fraction
    
                        = Rs 121773618 over 62500 equals Rs space 1948.38

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133.

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

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134.

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

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135.

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

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136.

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

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137.

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

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138.

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

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139.

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

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 Multiple Choice QuestionsLong 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.)

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