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On a Certain Sum of Money, Invested at the Rate of 10 Percent per Annum Compounded Annually, the Interest for the First Year Plus the Interest for the Third Year is Rs. 2,652. Find the Sum. - Mathematics

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प्रश्न

On a certain sum of money, invested at the rate of 10 percent per annum compounded annually, the interest for the first year plus the interest for the third year is Rs. 2,652. Find the sum.

योग

उत्तर

Let Principal = Rs.100
For 1st year
P = Rs. 100; R = 10 % and T = 1 year

Interest = Rs.`[100 xx 10 xx 1]/100` = Rs. 10

Amount = Rs. 100 + Rs. 10 = Rs. 110

For 2nd year

P = Rs. 110; R = 10 % and T = 1 year

Interest = Rs. `[110 xx 10 xx 1]/[100]` = Rs. 11

Amount = Rs. 110 + Rs. 11 = Rs. 121

For 3rd year

P = Rs. 121; R = 10 % and T = 1 year

Interest = Rs `[121 xx 10 xx 1]/[100]`= Rs. 12.10

Sum of C.I. for 1st year and 3rd year = Rs. 10 + Rs. 12.10 = Rs. 22.10

When sum is Rs. 22.10, principal is Rs. 100

When sum is Rs. 2,652, principal = Rs. `[100 xx 2652]/[22.10]`
= Rs. 12,000. 

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अध्याय 2: Compound Interest (Without using formula) - Exercise 2 (D) [पृष्ठ ३९]

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सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 2 Compound Interest (Without using formula)
Exercise 2 (D) | Q 4 | पृष्ठ ३९

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