मराठी

Rajeev Borrowed Rs 15,000 from Sanjay at 12% P.A. Compound Interest. After 2 Years Rajeev Gave Rs 7,500 and a Scooter to Clear the Account. Find the Cost of the Scooter. - Mathematics

Advertisements
Advertisements

प्रश्न

Rajeev borrowed Rs 15,000 from Sanjay at 12% p.a. compound interest. After 2 years Rajeev gave Rs 7,500 and a scooter to clear the account. Find the cost of the scooter.

बेरीज

उत्तर

Here, P = Rs 15,000; r = 12°/o p.a.; t = 2 years 

∴ A = ` "P" (1 + "r"/100)^n`

`= "Rs"  15000  (1 + 12/100)^2`

`= "Rs"  15000 (112/100)^2`

`= "Rs"  15000 (28/25)^2`

`= "Rs"  15000 xx 28/25 xx 28/25`

∴ A = Rs 18816

Hence, amount due after 2 years =Rs 18,816 

Amount paid after 2 years= Rs 7,500 

Balance amount =Amount due after 2 years - amount paid after 2 years = cost of the scooter= Rs (18,816 - 7,500) 

Cost of the scooter= Rs 11,316 

shaalaa.com
Use of Formula
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Compound Interest - Exercise 1.2 [पृष्ठ ८]

APPEARS IN

फ्रँक Mathematics - Part 2 [English] Class 10 ICSE
पाठ 1 Compound Interest
Exercise 1.2 | Q 6 | पृष्ठ ८

संबंधित 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. 


Mr.Mohan invested Rs. 12500 at 16 % p.a. compounded annually. If the duration of the deposite was 1.5 years , find the amount Mr.Mohan received at the end of 1.5 years.


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.


Calculate the amount and cornpound interest for the following, when cornpounded annually: 

Rs 8,000 for `1 1/2` years at 12 % 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?


A sum of money placed at compound interest compounded annually amounts to Rs 31,360 in 2 years and to Rs 35,123.20 in 3 years. Calculate the rate of interest and the sum.


If the interest is compounded half yearly, calculate the amount when the Principal is Rs. 7,400, the rate of interest is 5% per annum and the duration is one year.


The population of a city is 1,25,000. If the annual birth rate and death rate are 5.5% and 3.5% respectively. Calculate the population of the city after 3 years.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×