2
3
Find the amount and the compound interest on 72,000 at 5% per annum for 3 years.
Find the difference between SI and CI on 15,625 at 12% per annum for 3 years.
Find the CI on 8,75,000 compounded annually if the rate of interest being 2%, 4%, and 5% respectively
for 3 successive years.
5. Ramesh borrowed 12,000 from Raman for 2 years at 12.5% per annum. Find the amount payable by
Ramesh at the end of 2 years when interest is compounded annually.
5. A sum of money amounts to 71,25,000, when invested at the rate of 4.8% per annum compounded annually
Find the original sum of money.
1
The SI on a sum of money for 3 years at 12% per annum is 31,500. What will be the CI on the sum
2
the same rate and for the same period?
Find the CI on 2,500 at 10% per annum compounded annually for 2 years.
A person borrows a sum of 64,000 from a bank at the rate of 2.5% per annum compounded annu
Find the amount and CI payable after 3 years.
. Sultan lent 16,000 to his friend for 3 years at 2.5% per annum. What amount will Sultan get after 3
if the interest is to be compounded annually.
OMPOUND INTEREST FORMULA
Amount at the end of the 1st year = P + Inte
1000 x 10 x 1
= 1000 +
100
e method we have used for the calculation of
npound interest in the problems discussed so far
numbersome. As the period for
10
= 1000 x 11+
100
Answers
Answered by
1
1000×11-2783-$&3738$-#-29($:$&-$
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