3. Name the Wodeyar King who contributed to the
development of Mysuru Kingdom during early part of
20th century.
Answers
Explanation:
By using the formula,
A = P (1 + R/100) n
Let us solve
(i) Given, P = Rs 3000, rate = 5%, time = 2years
A = P (1 + R/100) n
= 3000 (1 + 5/100)2
= 3000 (105/100)2
= Rs 3307.5
Compound interest (CI) = A-P = Rs 3307.5 – 3000 = Rs 307.5
(ii) Given, P = Rs 3000, rate = 18%, time = 2years
A = P (1 + R/100) n
= 3000 (1 + 18/100)2
= 3000 (118/100)2
= Rs 4177.2
Compound interest (CI) = A-P = Rs 4177.2 – 3000 = Rs 1177.2
(iii) Given, P = Rs 5000, rate = 10%, time = 2years
A = P (1 + R/100) n
= 5000 (1 + 10/100)2
= 5000 (110/100)2
= Rs 6050
Compound interest (CI) = A-P = Rs 6050 – 5000 = Rs 1050
(iv) Given, P = Rs 2000, rate = 4%, time = 3years
A = P (1 + R/100) n
= 2000 (1 + 4/100)3
= 2000 (104/100)3
= Rs 2249.72
Compound interest (CI) = A-P = Rs 2249.72 – 2000 = Rs 249.72
(v) Given, P = Rs 12800, rate = 7 ½ % = 15/2% = 7.5%, time = 3years
A = P (1 + R/100) n
= 12800 (1 + 7.5/100)3
= 12800 (107.5/100)3
= Rs 15901.4
Compound interest (CI) = A-P = Rs 15901.4 – 12800 = Rs 3101.4
(vi) Given, P = Rs 10000, rate = 20 % = 20/2 = 10% (quarterly), time = 2years = 2 × 2 = 4years
A = P (1 + R/100) n
= 10000 (1 + 10/100)4
= 10000 (110/100)4
= Rs 14641
Compound interest (CI) = A-P = Rs 14641 – 10000 = Rs 4641
(vii) Given, P = Rs 160000, rate = 10% = 10/2% = 5% (half yearly), time = 2years = 2×2 = 4 quarters
A = P (1 + R/100) n
= 160000 (1 + 5/100)4
= 160000 (105/100)4
= Rs 194481
Compound interest (CI) = A-P = Rs 194481 – 160000 = Rs 34481
......
Answer:
Narasararaja Wodeyar I and Chikka Devaraja Wodeyar are the two kings Mysore kingdom flourished first at 17th cencutry. During early 20th century British came in power they resotred the dynasty to wodeyars by subsidary alliance from Nizams of Hyderabad.