Question

EXERCISE 132
1 Find the compound interest in each of the following using the formule
(a) Principal - 74.000, Rate - 6%. Time - 3 years
(b) Principal = 3,000, Rate -10% per annum compounded half-yearly, Time - 2 years
(c) Principal - 20.000, Rate - 20% per annum compounded quarterly, Time - 1 year
2. Mchak lent 8,000 to Ria at the rate of 12% per annum compound interest. Find the amount
payable by Ria to Mehak after 2 years
3. Find the difference between the compound interest and simple interest on a sum of ? 16,000 for
3 years if the rate of interest is 2% per annum
4. Sanjay borrowed 12,800 at the rate of 6 -% per annum at simple interest. On the same day, he lent
it to Rajesh at the same rate but compounded annually. What does Sanjay gain at the end of 2 years?
5. Find the amount on 5.050 for 18 months at the rate of 10% per annum, the interest being compounded
semi-annually
6. Find the compound interest on 1,500 for 9 months at the rate of 4% per annum, the interest being
paid quarterly
7. Manoj lent? 15,000 for 9 months at the rate of 8% per annum compounded quarterly. What interest
does he receive at the end of 9 months?
8. Find the difference in compound interest on 5,000 for 1 year at the rate of 8% per annum if in the
first case interest is paid annually and in the second case semi-annually,
9. Find the difference in compound interest on 26,000 for 1 year at the rate of 4% per annum if in the
first case interest is paid half-yearly and in the second case quarterly
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Answer 1

Answer:

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