Question

1. Calculate the amount and the compound interest on 25000 for 2 years at 8% per annur
compounded annually.
2. Rohit borrows 7 62500 from Arun for 2 years at 10% per annum, simple interest.
immediately lends out this sum to Kunal at 10% per annum for the same period, compound
annually. Calculate Rohit's profit in the transaction at the end of two years.
3. A man invests * 10000 for 3 years at a certain rate of interest, compounded annually. At th
end of one year, it amounts to 11200. Calculate :
(i) the rate of interest per annum;
(ii) the interest accrued in the second year;
(iii) the amount at the end of the third year.​

Answer 1

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