25000 for 2 years at 8% per annu
1. Calculate the amount and the compound interest on
compounded annually.
2. Rohit borrows 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. Ats
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.
compounded annually. If he renays 1
F 2R 10
Annim
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Answer:
(1) the answer of 1st question will be21360
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