हिंदी

On What Sum of Money Will the Difference Between the Compound Interest and Simple Interest for 2 Years Be Equal to Rs. 25 If the Rate of Interest Charged for Both is 5% P.A.? - Mathematics

Advertisements
Advertisements

प्रश्न

On what sum of money will the difference between the compound interest and simple interest for 2 years be equal to Rs. 25 if the rate of interest charged for both is 5% p.a.?

उत्तर

C.I = `P[(1 + r/100)^2 - 1] = P[(1 + 5/100)^2 - 1] = "41P"/400`

`S.I = (P xx 5 xx 2)/100 = P/100`

Given, C.I. - S.I. Rs. 25

`=> "41P"/400 - P/10 = 25`

`=> (41P - 40P)/400 = 25`

`=> P = 10000`

∴ Required sum  = Rs. 10,000

shaalaa.com
Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2011-2012 (March)

APPEARS IN

संबंधित प्रश्न

Jaya borrowed Rs. 50,000 for 2 years. The rates of interest for two successive years are 12% and 15% respectively. She repays 33,000 at the end of the first year. Find the amount she must pay at the end of the second year to clear her debt.


Calculate the amount and the compound interest for the following :

Rs. 12500 for 2 years at 8% for the first year and 10% for the second year.


Calculate the arnount and the cornpound interest for the following: 

Rs 20,000 for 3 years at `7 1/2 %` for the first year, 8% for the second year and 10% for the third year. 


Ramesh saves Rs 4,000 every year and invests it at 10% p.a. compound interest. Calculate his savings at the end of the third year.


Find the sum invested at `12  1/2` p.a. compound interest on which the interest for the third year exceeds that of the first year by Rs 531.25.


Calculate the amount and cornpound interest for the following, when cornpounded annually: 

Rs 25,000 for 3 years at 8 % p.a. 


Calculate the amount and the compound interest on:

Rs. 16,000 in 3 years, when the rates of the interest for successive years are 10%, 14% and 15% respectively.


How much will Rs. 50,000 amount to in 3 years, compounded yearly, if the rates for the successive years are 6%, 8% and 10% respectively?


There is a continuous growth in population of a village at the rate of 5% per annum. If its present population is 9,261, what population was 3 years ago?


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×