definitions

15
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

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15
Jun
Formulae

FORMULAE  :  

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

A  =  P

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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.

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15
Jun
Index

01. Important  Points  On  Simple  Interest

02. Some  important  Formulas

0…

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15
Jun
Examples 7 to 9

(7) A shopkeeper borrowed Rs. 30000 from money lenders. For one loan he paid  10 % and for the other  15 %  per annum. After one year, he paid Rs. 3600 as interest. How much did he borrow at each rate ?

Soln.

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