Question

11. Sameer gave a loan of 55,000 to Deepak for a period of one year at 16% per annum com
yearly. How much interest will he earn in a year?
12. A sum of 8000 is invested at 8% per annum compounded quarterly What is the amount after
13. Salila lends 5000 each to two friends Raina and Leena. Raina took the money at 4% r
compounded annually for 2 years while Leena borrowed the money at 4% rate of interest co
yearly for a period of 1 year. What will be the difference in the amount that each of them paid b
14. What will be the compound interest on 30,000 at 10% p.a compounded annually for 3 years?
at 4% rate of interest
interest compounded half
of them paid back to Salila?
half yearly for 1 year. What
15. A sum of 1250 is deposited in a bank at 8% rate of interest p.a. compounded half yearly for 1.
will be the interest earned in a year?
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Answer 1

Answer:

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