Find the amount to be paid at the end of 2 years on Rs 2,400 at 5% per annum compounded annually.
Find the amount to be paid at the end of 1 year on Rs 1,800 at 8% per annum compounded quarterly.
Find the population of a city after 2 years, which is at present 12 lakh, if the rate of increase is 4%.
Calculate the amount and compound interest on Rs 10,800 for 3 years at 121/2 % per annum compounded annually.
Calculate the amount and compound interest on Rs 18,000 for 21/2 years at 10% per annum compounded annually.
Calculate the amount and compound interest on Rs 62,500 for 11/2 years at 8% per annum compounded half yearly
Calculate the amount and compound interest on Rs 8,000 for 1 year at 9% per annum compounded half yearly.
Calculate the amount and compound interest on Rs 10,000 for 1 year at 8% per annum compounded half yearly.
Here P = Rs 10000, T = 1 year
R = 8% p.a. compounded half yearly.
∴ R = 8% p.a. = 4% half yearly
T = 1 year n = 2 1 = 2
Now, amount =
= Rs 10,000
= Rs 10,000
= Rs 10,000
= Rs
CI = 10816 - 10000 = Rs 816
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.)