Exercise 8.2 1. Calculate the compound interest on 6000 at 10% per annum for two years 2. Salma borrowed from Mahila Samiti a sum of 1875 to purchase a sewins If the rate of interest is 4% per annum, what is the compound interest that 3. Jacob invests 312000 for 3 years at 10% per annum. Calculate the amount 4. A man invests 46875 at 4% per annum compound interest for 3 years. Calice pay after 2 years? compound interest that Jacob will get after 3 years. (i) the interest for the first year. (ii) the amount standing to his credit at the end of second (iii) the interest for the third year. year. 5. Calculate the compound interest for the second year on 6000 invested for 3 6. Calculate the amount and the compound interest on 5000 in 2 years when the 7. Calculate the difference between the compound interest and the simple inter 10% p.a. Also find the sum due at the end of third year. of interest for successive years is 6% and 8% respectively. 320000 in 2 years at 8% per annum.
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