हिंदी

The Difference Between Compound Interest for a Year Payable Half-yearly and Simple Interest on a Certain Sum of Money Lent Out at 10% for a Year is Rs. 15. Find the Sum of Money Lent Out. - Mathematics

Advertisements
Advertisements

प्रश्न

The difference between compound interest for a year payable half-yearly and simple interest on a certain sum of money lent out at 10% for a year is Rs. 15. Find the sum of money lent out.

योग

उत्तर

Let sum of money be Rs. y
To calculate S.I.
S.I. = `[ "P" xx "R" xx "T"]/100 = [ y xx 10 xx 1]/100 = Rs. y/10`

To calculate C.I.(compounded half-yearly)
∴ C.I. = P`[( 1 + r/[ 2 xx 100 ])^( n xx 2) - 1] = y[( 1 + 10/[ 2 x 100])^(1 xx 2) - 1 ]`

= `y[ (21/20)^2 - 1 ] = (41/400)y`

Given : C.I. - S.I. = Rs. 15

⇒ `(41/400)y - y/10 = 15`

⇒ `y/400 = 15 ⇒ y = Rs. 6,000.

shaalaa.com
Concept of Compound Interest - When the Time is Not an Exact Number of Years and the Interest is Compounded Yearly
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest (Using Formula) - Exercise 3 (D) [पृष्ठ ५४]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Using Formula)
Exercise 3 (D) | Q 9 | पृष्ठ ५४

संबंधित प्रश्न

The cost of a machine is supposed to depreciate each year at 12% of its value at the beginning of the year. If the machine is valued at Rs. 44,000 at the beginning of 2008, find its value :
(i) at the end of 2009.
(ii) at the beginning of 2007.


The value of an article decreases for two years at the rate of 10% per year and then in the third year it increases by 10%. Find the original value of the article, if its value at the end of 3 years is Rs. 40,095.


A sum of money lent out at C.I. at a certain rate per annum becomes three times of itself in 10 years. Find in how many years will the money become twenty-seven times of itself at the same rate of interest p.a.


Mr. Sharma borrowed a certain sum of money at 10% per annum compounded annually. If by paying Rs.19,360 at the end of the second year and Rs. 31,944 at the end of the third year he clears the debt; find the sum borrowed by him.


Samidha borrowed Rs.7500 from Shreya at 30% per annum compounded interest. After 2 years, Samidha gave Rs.10000 and a juicer to Shreya to clear the debt. Find the cost of the juicer.


Find the amount and the compound interest on the following:
Rs.8000 for 3years at 10% per annum compounded annually.


Find the amount and compounded interest on Rs.15000 in 2`(1)/(2)` years at 10% p.a. compounded annually.


Calculate the rate percent when Rs 28000 amount to Rs 30870 in 2 years at compounded annually.


In what time will Rs 15625 amount to Rs 17576 at 4% p.a. compound interest?


At what rate percent will Rs.12000 yield Rs.13891.50 as compound interest in 3 years?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×