Question

EXERCISE 8.
1. Calculate the CI on 228,000 at 12% per annum compounded annually for 3 years.
2. Calculate the amount and CI on 24,000 at 2.5% per annum compounded annually for 3 years.
3. Sania took a loan of 16,000 against her insurance policy at the rate of 12.5% per annum compounded
annually. Find the compound interest payable by her after 3 years.
4. Rahul gave loan of 12,288 to Aryan at the rate of 12.5% per annum. Calculate the amount that Aryan has
1
to pay to Rahul after 1
years if the interest was compounded half-yearly.
2
5. Calculate the CI on 48,000 for 1 year at 8% per annum when compounded half-yearly.
5. Kavita borrowed 380,000 from the bank at the rate of 10% per annum. Find the amount payable by her
1
after 1 years if the interest is being compounded half-yearly.
How much would a sum of 20,000 amount to, at 12% in 9 months if the interest is being compounded
quarterly
A sum of 25,000 was lent at 10% per annum for 6 months. Find the amount if the interest was compounded
(a) half-yearly and (b) quarterly.
2.
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Answer 1

Answer:

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