Question

class 8 math chapter 8 exercise 8.3 handwritten​

Answer 1

Ex 8.3 Class 8 Maths Question 1.

Calculate the amount and compound interest on

(a) ₹ 10,800 for 3 years at 1212 % per annum compounded annually.

(b) ₹ 18,000 for 212 years at 10% per annum compounded annually.

(c) ₹ 62,500 for 112 years at 8% per annum compounded half yearly.

(d) ₹ 8,000 for 1 year at 9% per annum compounded half yearly. (You could use the year by year calculation using SI formula to verify).

(e) ₹ 10,000 for 1 year at 8% per annum compounded half yearly.

Given:

P = ₹ 10,800, n = 3 years,

NCERT Solutions for Class 8 Maths Chapter 8 Comparing Quantities Ex 8.3 Q1