Q. 1 F3.7( 3 Votes )

# Use the formula to find the amount and the compound interest.

Answer :

Given: Principal (P) = Rs. 16000, Rate of Interest (R) = and Number of years (n) = 3year

As Amount (A):

⇒ A = Rs. 22781.25

As compound interest (CI),

CI = A - P

CI = 22781.25 - 16000

⇒ CI = Rs.6781.25

Rate this question :

Two years ago Rajani purchased a machine for Rs 75,000. If its value falls by 4% every year, what is the value of the machine today?

MHB - Mathematics (Old)Write the proper numbers in the blanks in the table below.

MHB - Mathematics (Old)

Ganesh invested Rs 50,000 in a nationalized bank for 2 years at the rate of 9 p.c.p.a at compound interest. What amount will Ganesh receive from the bank at the end of 2 years?

MHB - Mathematics (Old)Use the formula to find the amount and the compound interest.

MHB - Mathematics (Old)

Write the proper numbers in the blanks in the table below.

MHB - Mathematics (Old)

In order to buy a colour TV set, Altaf borrowed Rs 12,000 from a bank at a compound rate of interest of 10 p.c.p.a. for 2 years. What is the amount that Altaf must pay bank to the bank at the end of 2 years?

MHB - Mathematics (Old)Use the formula to find the amount and the compound interest.

MHB - Mathematics (Old)

Use the formula to find the amount and the compound interest.

MHB - Mathematics (Old)