Advertisements
Advertisements
प्रश्न
Mohan borrowed Rs 25,000 at 10% p.a. compound interest. If he pays back Rs 7,500 every year, find the amount of loan outstanding at the beginning of the fourth year.
उत्तर
P = Rs. 25,000, R = 10°/o p.a.
Interest for first year
`= ("Rs" 25000 xx 10 xx 1)/100`
= Rs2,500
Amount due after 1st year
= Rs. 25,000 + Rs. 2,500
=Rs 27,500
Amount paid after 1st year= Rs. 7,500
Balance amount = Rs. 27,500 - Rs. 7,500 = Rs. 20,000
Interest for seoond year
`= ("Rs" 20000 xx 10 xx 1)/100`
= Rs 2000
Amount due after 2nd year
= Rs. 20,000 + Rs. 2,000 =Rs 22,000
Amount paid after 2nd year= Rs. 7,500
Balance amount= Rs. 22,000 - Rs. 7,500 = Rs. 14,500
Interest for third year
`= ("Rs" 14500 xx 10 xx 1)/100`
= Rs 1, 450
Amount due after 3rd year
= Rs. 14,500 + Rs. 1,450 = Rs 15,950
Amount paid after 3rd year= Rs. 7,500
Balance amount = Rs. 15, 950 - Rs. 7 ,500 =Rs. 8,450
Loan outstanding at the beginning of the fourth year = Rs 8,450.
APPEARS IN
संबंधित प्रश्न
If a, b, c are in continued proportion, prove that (a + b + c) (a – b + c) = a2 + b2 + c2
Ameesha loaned Rs. 24,000 to a friend for `2 1/2` at 10 % p.a. compound interest.
Calculate the interest earned by Ameesha.
Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :
The amount received by him had he chosen tlle duration of the deposit to be 2 years.
Prerna borrowed Rs.16000 from a friend at 15 % p.a. compound interest. Find the amount , to the nearest rupees, that she needs to return at the end of 2.4 years to clear the debt.
Rajan borrowed Rs 90,000 at 15% p.a. compound interest. If he repays Rs 35,000 at the end of each year, find the amount of loan outstanding at the beginning of the fourth year.
Govind borrows Rs 18,000 at 10% simple interest. He immediately invests the money borrowed at 10% compound interest compounded half-yearly. How much money does Govind gain in one year?
A man borrows Rs. 5,000 at 12 percent compound interest payable every six months. He repays Rs. 1,800 at the end of every six months. Calculate the third payment he has to make at the end of 18 months in order to clear the entire loan.
A man saves Rs. 3,000 every year and invests it at the end of the year at 10% compound interest. Calculate the total amount of his savings at the end of the third years.
A man borrows Rs. 10,000 at 5% per annum compound interest. He repays 35% of the sum borrowed at the end of the first year and 42% of the sum borrowed at the end of the second year. How much must he pay at the end of the third year in order to clear the debt ?
The population of a town 2 years ago was 62,500. Due to migration to cities, it decreases at the rate of 4% per annum. Find its present population.
