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At What Rate Percent Will Rs.12000 Yield Rs.13891.50 as Compound Interest in 3 Years? - Mathematics

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प्रश्न

At what rate percent will Rs.12000 yield Rs.13891.50 as compound interest in 3 years?

योग

उत्तर

Given : A = Rs.13891.50, P = Rs.12000, N = 3years

13891.50 = `12000(1 + "r"/100)^3`

⇒ `(13891.50)/(12000) = (1 + "r"/100)^3`

⇒ `(13891.50)/(12000 xx 100) = (1 + "r"/100)^3`

⇒ `(9261)/(8000) = (1 + "r"/100)^3`

⇒ `(21)/(20) = 1 + "r"/(100)`

⇒ `(21)/(20) - 1 = "r"/(100)`

⇒ `(1)/(20) = "r"/(100)`

⇒ r = 5%.

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Concept of Compound Interest - When the Time is Not an Exact Number of Years and the Interest is Compounded Yearly
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest - Exercise 3.2

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फ्रैंक Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest
Exercise 3.2 | Q 15

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