Advertisements
Advertisements
प्रश्न
Amita wanted to start a business for which she needed Rs, 40000. She borrowed this from Dolly at 10% p.a compounded semi-annually. Find the extra amount that she needs to pay at the end of two years to clear her debt.
उत्तर
Amount = `"P"(1 + "r"/200)^(2"t")`
Amount = `40000 (1 + 10/200)^4` = Rs 48620.25
APPEARS IN
संबंधित प्रश्न
Shekhar had a fixed deposit of Rs 24000 for 3 years . If he received interest at 10% p.a compounded annually, find the amount received by him at the time of maturity.
The cost of a machine depreciated by Rs 2592 during the third year and by Rs 2332.80 during the fourth year. Calculate :
The rate of depreciation.
Rajan borrowed Rs 32,000 at 12% compound interest for 2 years. At the end of the first year he returned some amount and on paying Rs 17,920 at the end of the second year, he cleared the loan. Calculate the amount Rajan paid at the end of the first year.
Calculate the amount and cornpound interest of the following, when cornpounded annually:
Rs 20,000 for 2 years at `12 1/2` % p.a.
Find the principal which will amount to Rs 22,344 in 2 years at compound interest if the rates of interest for the successive years are 12% and 14%?
What sum of money will amount to Rs 18, 792 in `1 1/2` years at 16% p.a. compounded yearly?
On what sum of money will the compound interest for 2 years at 8% per annum amount to Rs 1399.68?
On what sum of money will the compound interest for `1 1/2` years at 16% p.a. compounded half-yearly amount to Rs 649.28?
On what sum of money will the compound interest for 2 years at 10% p.a. compounded half-yearly amount to Rs 3,448.10?
Calculate the rate percent at which Rs 15,000 will yield Rs 8,413.44 as compound interest in 3 years.