Find the amount which Ram will get on Rs 4096, if he gave it for

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.
Advertisement

 Multiple Choice QuestionsLong Answer Type

141.

Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much?

327 Views

142.

I borrowed Rs 12,000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per annum compound interest, what extra amount would I have to pay?

92 Views

 Multiple Choice QuestionsShort Answer Type

143.

Vasudevan invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly. What amount would he get after 6 months?

238 Views

144.

Vasudevan invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly. What amount would he get after 1 year?

191 Views

Advertisement
145.

Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after 11/2 years if the interest is

(i) Compounded annually.

(ii) Compounded half yearly.

1988 Views

146.

Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find:

(i) The amount credited against her name at the end of the second year.

(ii) The interest for the 3rd year.

759 Views

 Multiple Choice QuestionsLong Answer Type

147.

Find the amount and the compound interest on Rs 10,000 for 11/2 years at 10% per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?

991 Views

Advertisement

148.

Find the amount which Ram will get on Rs 4096, if he gave it for 18 months at 121/2% per annum, interest being compounded half yearly.


We have P = Rs 4096
            T = 18 months

            R= 12 1 half % p.a.
∴ Interest is compounded half yearly.

                              T = 18 months rightwards double arrown equals 18 over 6 equals 3 space six space months
                              R = 12 1 half % space straight p. straight a. space rightwards double arrow straight R space equals space open parentheses 12 1 half plus 2 close parentheses % space per space half space year.

                                                   = open parentheses 25 over 2 cross times 1 half close parentheses % space equals space 25 over 4 % space half space yearly
Now,                  straight A equals straight P open square brackets 1 plus straight R over 100 close square brackets to the power of straight n

                       = Rs 4096 cross times open square brackets 1 plus 25 over 400 close square brackets cubed

                       = Rs 4096 cross times open square brackets 17 over 16 close square brackets cubed

                       = Rs 4096 cross times 17 over 16 cross times 17 over 16 cross times 17 over 16

                       = Rs left parenthesis 17 cross times 17 cross times 17 right parenthesis space equals space Rs space 4913

Thus, the required amount = Rs 4913

457 Views

Advertisement
Advertisement

 Multiple Choice QuestionsShort Answer Type

149.

The population of a place increased to 54,000 in 2003 at a rate of 5% per annum. Find the population in 2001.

152 Views

150.

The population of a place increased to 54,000 in 2003 at a rate of 5% per annum. What would be its population is 2005?

161 Views

Advertisement