Please solve ....Its urgent
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Hello............. ^_^
Q. (6)
Let Principal be 'P'
and Rate of interest be 'R'
Time (n) = 2 years
Simple Interest (S.I) = Rs. 400
Compound Interest (C.I) = Rs. 410
Rate of interest = 5%
Now Principal,
as PR
Principal = Rs. 4000
Q. (7)
A man invested Rs. 1000 for 3 years at 11% Simple Interest .....................(CASE 1)
Principal (P) = Rs. 1000
Rate of interest (R) = 11% per annum
Time (n) = 3 years
S.I = Rs. 330
He also invested Rs. 1000 at 10% compound interest per annum compounded annually for 3 years .........................( CASE 2 )
Principal (P) = Rs. 1000
Rate of interest (R) = 10% per annum
Time (n) = 3 years
C.I = Rs. 331
(S.I =330 < C.I = 331)
(CASE 1) < (CASE 2)
S.I < C.I
So, investment at compound Interest is better.
Q. (8)
Principal (P) = Rs. 400000
Rate of interest = 16% per annum
= 16/2 = 8% per half yearly (R)
Time (n) = 1 year = 2 half years
So, they earn Rs. 466560
...................^_^
Q. (6)
Let Principal be 'P'
and Rate of interest be 'R'
Time (n) = 2 years
Simple Interest (S.I) = Rs. 400
Compound Interest (C.I) = Rs. 410
Rate of interest = 5%
Now Principal,
as PR
Principal = Rs. 4000
Q. (7)
A man invested Rs. 1000 for 3 years at 11% Simple Interest .....................(CASE 1)
Principal (P) = Rs. 1000
Rate of interest (R) = 11% per annum
Time (n) = 3 years
S.I = Rs. 330
He also invested Rs. 1000 at 10% compound interest per annum compounded annually for 3 years .........................( CASE 2 )
Principal (P) = Rs. 1000
Rate of interest (R) = 10% per annum
Time (n) = 3 years
C.I = Rs. 331
(S.I =330 < C.I = 331)
(CASE 1) < (CASE 2)
S.I < C.I
So, investment at compound Interest is better.
Q. (8)
Principal (P) = Rs. 400000
Rate of interest = 16% per annum
= 16/2 = 8% per half yearly (R)
Time (n) = 1 year = 2 half years
So, they earn Rs. 466560
...................^_^
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