मराठी

Rachana Borrowed a Certain Sum at the Rate of 15% per Annum. If She Paid at the End of Two Years Rs 1290 as Interest Compounded Annually, Find the Sum She Borrowed. - Mathematics

Advertisements
Advertisements

प्रश्न

Rachana borrowed a certain sum at the rate of 15% per annum. If she paid at the end of two years Rs 1290 as interest compounded annually, find the sum she borrowed.

बेरीज

उत्तर

Let the money borrowed by Rachana be Rs x.
Then, we have: 
\[CI = P \left( 1 + \frac{R}{100} \right)^n - P\]
\[1, 290 = x\left[ \left( 1 + \frac{15}{100} \right)^2 - 1 \right]\]
\[1, 290 = x\left[ 0 . 3225 \right]\]
\[x = \frac{1, 290}{0 . 3225}\]
\[ = 4, 000\]
Thus, Rachana borrowed Rs 4, 000.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 14: Compound Interest - Exercise 14.3 [पृष्ठ २०]

APPEARS IN

आरडी शर्मा Mathematics [English] Class 8
पाठ 14 Compound Interest
Exercise 14.3 | Q 6 | पृष्ठ २०

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

In what time will Rs 1000 amount to Rs 1331 at 10% per annum, compound interest?


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.


In how many years ₹ 700 will amount to ₹ 847 at a compound interest rate of 10 p.c.p.a.


Ashok borrowed Rs. 12,000 at some rate on compound interest. After a year, he paid back Rs.4,000. If the compound interest for the second year is Rs. 920, find:

  1. The rate of interest charged
  2. The amount of debt at the end of the second year

Calculate the amount and the compound interest on Rs. 10,000 in 3 years at 8% 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.


A certain sum of money invested for 5 years at 8% p.a. simple interest earns an interest of ₹ 12,000. Find:
(i) the sum of money.
(ii) the compound interest earned by this money in two years and at 10% p.a. compound interest.


The compound interest payable annually on a certain sum for 2 years is Rs 40.80 and the simple interest is Rs 40. Find the sum and the rate percent.


A sum of Rs. 20,000 is borrowed by Heena for 2 years at an interest of 8% compounded annually. Find the Compound Interest (C.I.) and the amount she has to pay at the end of 2 years.

A principal becomes ₹ 2028 in 2 years at 4% p.a compound interest. Find the principal


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×