Question

LACI lise 0.1
1. A sum of 7 25,000 is given as loan for 3 years at the rate of 10% p.a. Find the interest and the amount.
Ram took a loan of 7 40,000 from a bank at 8% per annum for 2 years to buy a motorcycle. What
2.
3. Seema borrowed 10,000. At the end of 3 years Seema had to pay ? 13.600 to the bank. What was the
rate of interest
4. Rahul deposited a sum of 10,000 at the rate of 4% p.a. in a bank on 11th January. On 18 of August in
the same year he withdrew the entire amount lying in his account. Find the amount bank gave to Rahul.
5. Calculate the interest on ? 7000 for 2 years at the rate of 8% per annum when the interest is
compounded annually?
6. Find the difference between the interest on:
a) A sum of 20,000 deposited in a bank for 2 years @ 10% compounded annually.
b) A sum of 20,000 deposited in a bank for 2 years @ 10% simple interest.
Which one is greater and why"?
amount Ram had to pay to the bank after 2 years?​

Answer 1

Hii,your answer is given on attachment.

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