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EXERCISE 8 C
1. Mr Dubey borrows 2100000 from a bank at 10% per annum Compound interest. What amount
will he have to pay to the bank after 3 years?
2. Find the amount and compound interest on 210240 for 3 years at 12% per annum compounded
annually.
3. The present population of a town is 176400. If it increases at the rate of 5% per annum, what will
be its population after 2 years?
4. Amit started a shop by investing 50000. He gained 4% during first year, 5% during second year
and 10% during 3rd year. What will be his capital amount after these 3 years?
[Hint : Capital amount after 3 years = 50000 x 1 +
4
5
10
x 1 + X1+
100
100
100
5. A mango tree of height 125 cm was planted 3 years ago. If it increases at the rate of 20% per
annum, what is its present height?
6. Two years ago, the population of a town was 10000. During first year, it increased at the rate
of 5% per annum and during second year, it increased at the rate of 6% per annum. What is its
present population?
7. Mahesh borrowed 516000 at 7% per annum simple interest. On the same day, he lent it to Gagan
77%
at the same rate but compounded annually. What does he gain at the end of 2 years?
into of 8% per annum. What
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