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The Difference Between C.I. Payable Annually and S.I. on Rs.50,000 for Two Years is Rs.125 at the Same Rate of Interest per Annum. Find the Rate of Interest. - Mathematics

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प्रश्न

The difference between C.I. payable annually and S.I. on Rs.50,000 for two years is Rs.125 at the same rate of interest per annum. Find the rate of interest.

योग

उत्तर

Let the rate of interest per year be r%.

S.I. in 2 years = Rs.`(50000 xx "r" xx 2)/(100)`

= Rs.1000r

And, C.I. in 2 years 
= A - P

= Rs.`50000(1 + "r"/100)^2` - Rs.50000

Given, C.I. - S.I. = Rs.125

⇒ `50000(1 + "r"/100)^2 - 50000 - 1000"r"` = 125

⇒ `50000(1 + "r"^2/10000 + (2"r")/100) - 50000 - 1000"r"` = 125

⇒ 50000 + 5r2 + 1000r - 50000 - 1000r = 125
⇒  5r2 = 25
⇒  r2 = 25
⇒  r = ±5
But the rater of interest cannot ne negative.
∴ Rate of interest is 5%.

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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 13

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