मराठी

Mewa Lal Borrowed Rs 20000 from His Friend Rooplal at 18% per Annum Simple Interest. He Lent It to Rampal at the Same Rate but Compounded Annually. Find His Gain After 2 Years. - Mathematics

Advertisements
Advertisements

प्रश्न

Mewa Lal borrowed Rs 20000 from his friend Rooplal at 18% per annum simple interest. He lent it to Rampal at the same rate but compounded annually. Find his gain after 2 years.

संख्यात्मक

उत्तर

SI for Mewa Lal \[= \frac{\text{ PRT }}{100}\]
\[ = \frac{20, 000 \times 18 \times 2}{100}\]
 = Rs 7, 200
Thus, he has to pay Rs 7, 200 as interest after borrowing.
CI for Mewa Lal = A - P
\[ = 20, 000 \left( 1 + \frac{18}{100} \right)^2 - 20, 000\]
\[ = 20, 000 \left( 1 . 18 \right)^2 - 20, 000\]
 = 27, 848 - 20, 000
 = Rs 7, 848
He gained Rs 7, 848 as interest after lending.
His gain in the whole transaction = Rs 7, 848 - Rs 7, 200
 = Rs 648

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 14: Compound Interest - Exercise 14.1 [पृष्ठ ५]

APPEARS IN

आरडी शर्मा Mathematics [English] Class 8
पाठ 14 Compound Interest
Exercise 14.1 | Q 8 | पृष्ठ ५

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much?


What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?


Find the compound interest at the rate of 10% per annum for two years on that principal which in two years at the rate of 10% per annum gives Rs 200 as simple interest.


Surabhi borrowed a sum of Rs 12000 from a finance company to purchase a refrigerator. If the rate of interest is 5% per annum compounded annually, calculate the compound interest that Surabhi has to pay to the company after 3 years.


Romesh borrowed a sum of Rs 245760 at 12.5% per annum, compounded annually. On the same day, he lent out his money to Ramu at the same rate of interest, but compounded semi-annually. Find his gain after 2 years


Find the compound interest on Rs 15625 for 9 months, at 16% per annum, compounded quarterly.


Find the amount of Rs 12500 for 2 years compounded annually, the rate of interest being 15% for the first year and 16% for the second year.


Ramu borrowed Rs 15625 from a finance company to buy a scooter. If the rate of interest be 16% per annum compounded annually, what payment will he have to make after \[2\frac{1}{4}\] years?


Find the rate at which a sum of money will become four times the original amount in 2 years, if the interest is compounded half-yearly.


A certain sum amounts to Rs 5832 in 2 years at 8% compounded interest. Find the sum.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×