हिंदी

Manoj Borrowed Rs 25,000 from Sohan at 8.4 % P.A. Compound Interest. After 2 Years Manoj Cleared Rs 17,500 and a Motorcycle. Find the Cost of the Motorcycle. - Mathematics

Advertisements
Advertisements

प्रश्न

Manoj borrowed Rs 25,000 from Sohan at 8.4 % p.a. compound interest. After 2 years Manoj cleared Rs 17,500 and a motorcycle. Find the cost of the motorcycle.

योग

उत्तर

Here, P =Rs 25,000; r = 8.4 °/o p.a.; t = 2 years 

∴ A = `"P"(1 + "r"/100)^"n"`

= Rs `25000 (1 + 8.4/100)^2`

= Rs `25000 (1 + 84/(100 xx 10))^2`

= Rs `25000 (271/250)^2`

= Rs `25000 xx 271/250 xx 271/250`

∴  A= Rs29,376.40 

Hence, amount due after 2 years =Rs 29,376.40 

Amount paid after 2 years = Rs 17 ,500 

Balance amount= Amount due after 2 years - amount paid after 2 years =cost of the motorcycle

= Rs (29,376.40 - 17,500) 

Cost of the motorcycle= Rs 11,876.40 

shaalaa.com
Use of Formula
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Compound Interest - Exercise 1.2 [पृष्ठ ८]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 1 Compound Interest
Exercise 1.2 | Q 7 | पृष्ठ ८
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×