मराठी

A certain sum of money is put at compound interest, compounded half-yearly. If the interest for two successive half-years are Rs. 650 and Rs. 760.50; find the rate of interest. - Mathematics

Advertisements
Advertisements

प्रश्न

A certain sum of money is put at compound interest, compounded half-yearly. If the interest for two successive half-years are Rs. 650 and Rs. 760.50; find the rate of interest.

बेरीज

उत्तर १

∵ Difference between the C.I. of two successive half-years

= Rs. 760.50 - Rs. 650= Rs. 110.50

⇒ Rs. 110.50 is the interest of one half-year on Rs. 650

∴ Rate of interest = Rs. `[100 xx 1]/[ P xx T ] %`

= `(100 xx 110.50)/(650 xx 1/2)%`

= 34%

shaalaa.com

उत्तर २

Let sum of money = P, Rate = r % half-yearly.

Simple interest for I half-year on sum = Rs. 650.

Simple interest for II half-year on sum = P + 650 = Rs. 760.50

∵ Difference between the C.I. of two successive half-years
= Rs. 760.50 - Rs. 650= Rs. 110.50

⇒ Rs. 110.50 is the interest of one half-year on Rs. 650.

Simple interest (S.I.) = `(P xx R xx T)/100`

∴ `110.50 = (650 xx R xx 1)/100`

∴ 110.50 = 6.5 × R

∴ `(110.50)/(6.5)` = R

∴ R = 17% Per half-yearly

∴ Rate of interest = 17 × 2 = 34% p.a.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Compound Interest (Without using formula) - Exercise 2 (C) [पृष्ठ ३८]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
पाठ 2 Compound Interest (Without using formula)
Exercise 2 (C) | Q 2 | पृष्ठ ३८

संबंधित प्रश्‍न

Calculate the amount and compound interest on  Rs 18000 for `2 1/2` years at 10% per annum compounded annually.

 


Calculate the amount and compound interest on Rs 62500 for `1 1/2` years at 8% per annum compounded half yearly.


The interest on a sum of Rs 2000 is being compounded annually at the rate of 4% per annum. Find the period for which the compound interest is Rs 163.20.


The difference between the compound interest and simple interest on a certain sum for 2 years at 7.5% per annum is Rs 360. Find the sum.


The difference in simple interest and compound interest on a certain sum of money at \[6\frac{2}{3} %\] per annum for 3 years is Rs 46. Determine the sum.


The present population of a town is 28000. If it increases at the rate of 5% per annum, what will be its population after 2 years?


A certain sum amounts to Rs. 5,292 in two years and Rs. 5,556.60 in three years, interest being compounded annually. Find: the original sum.


Mohit invests Rs. 8,000 for 3 years at a certain rate of interest, compounded annually. At the end of one year it amounts to Rs. 9,440. Calculate : 
(i) the rate of interest per annum.
(ii) the amount at the end of the second year.
(iii) the interest accrued in the third year.


Rs. 8,000 is lent out at 7% compound interest for 2 years. At the end of the first year Rs. 3,560 are returned. Calculate :
(i) the interest paid for the second year.
(ii) the total interest paid in two years.
(iii) the total amount of money paid in two years to clear the debt.


A man borrows Rs.10,000 at 10% compound interest compounded yearly. At the end of each year, he pays back 20% of the amount for that year. How much money is left unpaid just after the second year ?


Rachna borrows Rs. 12,000 at 10 percent per annum interest compounded half-yearly. She repays Rs. 4,000 at the end of every six months. Calculate the third payment she has to make at end of 18 months in order to clear the entire loan.


A sum of Rs. 13,500 is invested at 16% per annum compound interest for 5years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of first year.
(iii) the interest for the second year, correct to the nearest rupee.


Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively.


Calculate the compound interest for the second year on Rs. 15000 invested for 5 years at 6% per annum.


A man invests Rs. 9600 at 10% per annum compound interest for 3 years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of the first year.
(iii) the interest for the second year.
(iv) the interest for the third year. the interest for the first year.


Calculate the difference between the compound interest and the simple interest on ₹ 7,500 in two years and at 8% per annum.


Rohit borrowed ₹ 40,000 for 2 years at 10% per annum C.I. and Manish borrowed the same sum for the same time at 10.5% per annum simple interest. Which of these two gets less interest and by how much?


Find the difference between simple and compound interest on Rs 5000 invested for 3 years at 6% p.a., interest payable yearly.


The compound interest on ₹ 5000 at 12% p.a for 2 years, compounded annually is ___________


The compound interest on ₹ 8000 at 10% p.a for 1 year, compounded half yearly is ____________


The annual rate of growth in population of a town is 10%. If its present population is 26620, then the population 3 years ago was _________


The difference between the C.I and S.I for 2 years for a principal of ₹ 5000 at the rate of interest 8% p.a is ___________


The time taken for ₹ 1000 to become ₹ 1331 at 20% p.a, compounded annually is 3 years


The cost of a machine is ₹ 18000 and it depreciates at `16 2/3 %` annually. Its value after 2 years will be ___________


Suppose a certain sum doubles in 2 years at r % rate of simple interest per annum or at R% rate of interest per annum compounded annually. We have ______.


A sum is taken for two years at 16% p.a. If interest is compounded after every three months, the number of times for which interest is charged in 2 years is ______.


Find the difference between Compound Interest and Simple Interest on Rs 45,000 at 12% per annum for 5 years.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×