plss friends help me..in these Extra questions.....
Answers
(i) A T.V was bought at a price of ₹19000. After one year the value of the t.v was depreciated by 5 % ?
Solution :-
☞ Principal = ₹ 19,000
☞ Reduction = 5% of 19, 000 per year
∵ By using
In this P = Principal , r = rate and t = time
Accounting to question
➝ ₹ 950
✒ Value of the 1 year
⇒ ₹ 19, 000 - 950
⇒ ₹ 18.050
❒ By another method
As we know
In which P = principal , r = rate of interest and n = time period
So ,
Amount = ₹ 18050
_______________
(ii) What amount is to be repaid on a loan of ₹ 10000 for 1 whole 1/3 years at 10% pr annum compounded half yearly?
Solution:-
Principal for first 6 months = ₹ 10000
Time = 1 whole 1/ 3 years
Rate = 10 %
Simple Interest =
⇒ ₹ 333.3
A = P + I
A = 10000 + 333.3
A = ₹10333.3
This is the principal of next 1/3 years
Simple Interest
⇒₹ 3478.877
Principal of 3 period = 10333.3+ 3478.877
⇒ ₹ 13812.177
Simple Interest =
⇒₹ 460.4059
A = P + I
= 13812.77+ 460.4059