of interest is 8% per
discharge her debt?
5. Harpreet borrowed 20000 from her friend at 12% per annum simple interest. She lent it
to Alam at the same rate but compounded annually. Find her gain after 2 years.
6. Manoj deposited a sum of 64000 in a post office for 3 years, compounded annually at 7-%
2
per annum. What amount will he get on maturity?
7. Divakaran deposited a sum of 6250 in the Allahabad Bank for 1 year, compounded
half-yearly at 8% per annum. Find the compound interest he gets.
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