definition

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Jun

Index

01. Give the difference between the C. I. and S. I. by proper example

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Jun

Examples 9 to 11

(9) The least number of complete yrs. in which a sum of money put out at 10 % C. I. will more than double is

Soln. Here, N = $\frac{72}{R}$

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15

Jun

Examples 5 to 8
(5) If the compound interest on a certain sum for 3 years at 10 % per annum be Rs. 49.65, what would be the sum ?

Soln. We always know that, the C.I. for Rs. 1000 for 3 years at 10 % p.a. is Rs. 331.

Interest then…

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15

Jun

Examples 1 to 4
(1) Find compound interest on Rs. 50000 at 10 % per annum for 2 years.

Soln.

C.I. = P $\left [\left (1+\frac{R}{100} \right )^{N}-1&space... </p> <div class=$

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15

Jun

Formulae
☼ FORMULAE :

(i) When interest is compounded K times in a year, then

A = P $\left (1 + \frac{R}{100 \times&space... </p> <div class=$

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15

Jun

Compound Interest
☼ Give the difference between the C. I. and S. I. by proper example.

Let, P = Rs. 1000, R = 10 % and N = 3 years.

Posted in: Compound Interest,

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