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Simple & Compound Interest

The document contains a series of mathematical problems related to simple and compound interest, including calculations for doubling investments, determining interest rates, and comparing different interest types. It presents various scenarios and options for answers, often related to competitive exams like SSC CGL. The problems cover a range of financial concepts, including loan amounts, interest calculations, and investment growth over time.
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0% found this document useful (0 votes)
13 views12 pages

Simple & Compound Interest

The document contains a series of mathematical problems related to simple and compound interest, including calculations for doubling investments, determining interest rates, and comparing different interest types. It presents various scenarios and options for answers, often related to competitive exams like SSC CGL. The problems cover a range of financial concepts, including loan amounts, interest calculations, and investment growth over time.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
CHAPTER A sum of money at compound interest doubles itselFin 15 ‘years. Itwil become eight times ofitselin (SSC CGL1* Sit 2010) (@)_ 45 years () 48 years (©) S4years (@) 60 years ‘At what rate per ent per annum will sum of” 1,000 amount to” 1,102.50in? yearsat compound interest? (ssc CGL 1" @ 5 © 55 @6 @ 65 What annual payment will discharge a debt of "6450 duein 4 yearsat 5% per annum simple interest? CGLISit. (@ ~1400 » © “159 @ In how many years will a sum of” 800 at 10% per annum ‘compound interest, compounded semi-annually becomes * 926.10? 1 @ © simpleinterest perannum’ — (SSCCGL2 Sit. 2010) @ m4 @) 0 © 16 @ 2 [Link] of” 12,000, deposited at compound interest becomes ‘double ater S years. How much will ibe after 20 years ? (SSCCGL 2**Sit. 2010) (a) * 1.44.00 () © 1.20000 (©) > 1,50,000 (@ 1.92.00 A sum of money placed at compound interest doubles itself ind srs, In how many years will it amount to four times elf? (SSC CGL1* Sit.2011) (@) 12years () 13 years (©) 8 years (@) 16 years ‘The simple interest on a sum for 5 years is one fourth of the suum, The rate ofinterest per annum is it. 2011) @ % © #% ‘The difference between the compound interest and simple interest on ~ 10,000 for2yearsis* 25. The ate of interest per annumis (SSC CGL2™ Sit. 2011) @ 3% 0) % © 10% (@) 1% 10, a. 2. 13, uw 15, 16, rT Simple & Compound Interest A sum of” 12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become (SSC CGL 2*Sit. 2011) 96,000 1,92,000 @ © 48,000 1,90,000 O} @ 9 Simple interest ona certain sum for 6 years is > ofthe sum The rate of interests (SSC CGL2"Sit. 2011) L @ &% @) 65% © % 1y, @ 8} ‘The difference be:ween the compound interest and simple interest for theamount ~ 5,000 in 2 years is” 32. Therate of interest is, (SSC CGL.2"'Sit. 2011) @) 5% ©) % (©) 10% @ 1% If * 5,000 becomes "$,700 ina years time, what will “7,000 become at the end of 5 years at the same rute of simple interest? (SSC CGL 1" sit. 2012) (@) “10.500 () “11900 (©) °12:00 (a) °7,700 Prabhat look a certain amount as a loan from a bank at the rate of 8% pa. simple interest and gave the same amount to Ashish as. loan at the rate of 12% pa. Ifat the end of 12 years, he madea profit of” 960 inthe deal, then the original ‘amount was (SSC CGI. 1" Sit. 2012) () *3356 () 1000 (©) * 2000 (@) ~ 3000 A person takes a loan of” 10,000 partly from a bank at 8% pa and remaining from another bank at 10% pa. He pays a {otal interest of 950 per annum. Amount of loan taken from the first bank (in) is (SSC CGL 1" (@) 2500) 50 (~) MH) 20 ‘The difference between C- 1. (Compound Interest) and S.L (Simple Interest) on a sum of” 4,000 for 2 years at 5% pa, payable yearly is (SSC CGL 2" Sit. 2012) @ 2% % "0 © @ “6 A principal of” 10,000, after2 years compounded annually, the rate of terest being 10% per annum during the first year and 12% per annum during the second year (in rupees) will amount to: (SSC CHSL 2012) @ 1200 @) 12300 © 12500 (@ 1130 402 18, The difference between the interests received from two different tanks on * 500 for 2 years is 2.50. The difference between their rates is: (SSC CHSL 2012) (a) 05% — >) 2% ©) 025% Wd) Me 19. Asum becomes 2,916 in yearsat 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the sameamount will be (SSC CHSL 2013) (a) “025 &) 60 | 675 Gd * 650 20, Asum of moneybecomes 1.331 timesin 3 yearsas compound Interest. Therateofinterestis (SSC Multi-Tasking 2013) (@) 3%) % ©) 75% — d)_ 10% 21, A person deposited” 500 for 4 years and ” 600 for 3 years at the same rate of simple interest in a bank. Altogether he received“ 190 as intrest. The rate of simple interest per com wal {SSC Mult asking 2013) @% &) % © % WB 22, Abum of money placed at compound interest denies itself in years Til avant cig times sli (SSC Sub. Ins. 2013) (a) 15 years (b) 12years (© 10years (@ 203eas 23. The value ofa machine depreciates every year by 10%. if its present values” 50,000 hen the valu ofthe machine after Sears (SSCCGL T= Sit 2013) 0st ¢e) “40050 (©) “#5000 (@) “4090s 24, Thetimein which 8,000ameuns to" 92.610 10% pa. at compen nee, net eg compoed sem nly a (SSC CLF 09 sys wiles 1 (©) 2years (@) 2yyears 25, The ierest on a certain sum of money it~ 22and the te discount on the same sum forthe same time and atthe same rateis 20, find the sum. (SSC CGL 1" Sit. 2013) @ * 220 () > 200 (© * 210 (@ * 212 26, ‘There is 100% increase to an amount in 8 years at simple interest. Find the compound interest of " 8000 after 2 years atthe samerateofinterest, —_(SSCCGL 1" Sit. 2013) (@) > 2500 (®) ~ 2000 (© > 2250 (@ > 2125 ‘The simple interest an” 4,000 in 3 years at the rate of 3% per annum equals the simple interest on ~ 5,000 atthe rate of| 12% per annum in 2 years. The value of (SSC CGL2* Sit. 2013) @ % —) % =~ ©) 10% =) ‘Two equal sums were borrowed at 8% simple interest per annuum for 2 years and 3 years respectively. The differencein the interest was” 56, The sums borrowed were (SSC CGL2* Sit. 2013) (©) * 700 (@ > 350 2. 28, > 800 > 360 @ © Simple & Compound Interest 29, Ifthe compound interest on a certain sum for two years at 12% per annum is ~ 2,544, the simple interest on it at the samerate for2 years willbe (SSCCGL2* Sit. 2013) @ * 2400 (b) °2800 ©) 2480 (a) *2440 30. X borrowed some money from a source at 8% simple interest and lent it to Y at 12% simple interest on the same day and gained” 4,800 after 3 years. Theamount X borrowed, in is (SSC Multi-Tasking 2014) (@) 2.00 (©) 60000 (©) 120000 (@) 40000 31, Aman borrowed some money from a private organisation at '5% simple interest per annum, He lended 0% this money toanother person at 10% compound interest per annum and thereby the man madea profitof "3205 in 4 years, The man borrowed (SCCGL 2" Sit. 2014) @)_~ 80000 (©) *1.00,000 © * 12000 (@ * 150000 32, Ram borrows certain sum of money at 8%6per annum simple interest and Rahim borrows” 2,000at 5% per annum simple terest Ifthe intrestatthe end of 3 yeas is equal, then the amount borrowed by Ramis (SSC Multi-Tasking 2014) @ *1250 ©)” 1500 (© * 2000 (@) * 1000 33,4 sum amounts double in 8 year by simple interest. Then therate [Link] (SSCSub. Ins. 2014) @ 10% ©) 125% © 1% (@) 29% 34, Rekhainvestodasum of” 12000.5% perannum compound interest. She received an amount of * 13230 ater years Finda (SC Sub. Ins. 2014) (@) 28years () 3.0 years (©) 2Syears () 20 years 38. ‘The population ofa village increases by 3% annually. Its present population is 4410, then its population 2 years ago was (SSCCHSL 2014) @ 40 () 4000 © 330 (@ 3500 36. Asumof” 210 was taken asa loan. This is tobe paid backin two equal instalments. If the rate of interest be 10% compounded annually, then the value ofeach instalments. (SSC CHSL 2014) @ 7 @ 2 i 210 4d) 25 37, Acertuin amount ofmoney earns "S40 as Simple Interestin 3 years. it earnsa Compound Interest of * 376,20 atthe same rate of terest in 2 yeas find the amount. in rupees) (SSC Sub. Ins.2015) @ 210 ©) 16 (© 130 (@) 200 38 The compound interest on 12000 for 9 months at 20% per annum, interest being compounded quarter is (SSCCHSL 2015) @ *1750 ©) ~ 1991.10 (© *213640 (6) "2089.70 ‘Simple & Compound Interest 39 The income ofa company increases 20% per annum. Ifits income is * 26,64,000 in the year 2012, then its income in the yariovm: (soca 19) (@)* 28,20,000 (b) * 28,55,000 (©) * 18,50,000 (d) * 21,20,000 40. The population of a town increases by 5% every year. Ifthe promt hepuo's hie ten ose ws issccer Fs 28 sm a @ i os 41, ince yns asm tenes dnt ina 62% Singer prema tren il (secon 208 1 Go byes 6) Soa (© Whyas yas £2, Acorn mi amon "2102 yes 10% pe Stoun fsa aso, es bl uot rly ho tsscech sh 30 ont sao (ec) ~8000 (d) * 10000 15. Thespian ban ooo nc ‘5% per annum for 8 years is “840, Rate of interest for which the same amount of interest can be received on the same sum after 5 years is, (SSC CGL 1*Sit. 2016) @) % ©) % © % (a) 10% 44, What would be the compound interest of” 25000 for? yrs. at % per annum (SSC CGL 1*Sit. 2016) (@) 2500 (b) 25025 (©) 292525 (@) $5125 45, Alipta got some amount of money from her father. In how ‘many years will the ratio of the money and the interest ‘obtained from it be 10:3 at 6% simple interest per annum? (SSC CGL2*Sit. 2016) (a) 7 years (b) 3 years (©) 5 years (@) 4 years 46, Asum of money placed at compound interest double itselfat, 2 years, The year it will take toamount times iselFis (SSC Sub. Ins. 2016) @ 6 4 © 8 @ 3 47. A'sum of” x was put at simple interest ata certain rate for 2 years. Had it been put at 3% higher rate, it would have feiched * 300more. The value of 4x is(SSCSub Ins. 2016) (a) ~ 16,000 (b) * 20.000 (©) ~ 36,000 (@) > 24000 48. Aperson lent certain sum of money at 5% per annum interest and in 15 years the interest amounted to” 250 less thaa the sum lent. What was the sum leat (in ")? (SSCCGL 2017) f@) 1000 (© 2400 () 1500 @ 0 4. 50, 52. 53. 103 A corain sum of money triples iselin 5 yeas at simple interest In how many years it willbe five ti sscecL2017) @ 5 os OO Ws The difference between the compound interest compounding half yearly for 1 year and the simple interest for I year on a certain sum of money lent out at 8% per annum is” 64. Whatis the sum (in"Y? (SSC CGL 2017) (@) 40000 (b) 42000 (e) 44000 (a) 43800 ‘Acsum of * 400 becomes ° 448 at simple interest in2 years. Inhow many years will thesum of $50amounts to” 682at the samerate? (SSCCGL 2017) (a) 2 3 ©35 @ 4 ‘The simple interest on sum for 5 years is 3/5 th ofthe sur, Therateofinterestperannum is: (SSCMTS2017) @ 123% ©) 10% (1% 6 Whats the compound interest (in*) on" 12500 atthe rate of 12% perannum compounded yearly for 2 years? (SSC Sub. Ins. 2017) (@) 3000 (&) 2980 (©) 3080 (a) 3180 ‘An amount was lent for two years at the rate of 20% per annum compounding annually. Had the compounding been done hal'yearly, the interest would have increased by 241, ‘What was the amount in ")lent? (SSC Sub. tns.2017) a) 10000 () 12000 fe) 20000 (a) 24000 A sum of 18,000iis invested for 16 months at 8% per annum ‘compounded half-yearly. What is the percentage gain at the end of 16 months, to the nearest whole number? (SSC Sub, Ins. 2018) @) % ©) 1% (©) 10% () 12% A sum of” invested parly at 15% per annum and the remaining at 12% per annum simple interest. Ifthe total interest atthe end of years i "5,085, then how much money was invested at 15% perannum? "(SSC Sub. Ins. 2018) (@) °5,300 (b) “7500 (©) °3800 (@) °5200 Aborrowed asum of * 3,000 from his fiend B on 31 December 2007 on the condition that he would tum the same ater cone year with simple interest at 15% perannum, However, A sta postion of returning the sum on 31 August 2008, How much amount had A toretum toB? (SSC CHSL-2018) (@ °3300 ("3200 © “300 @ 330" The diference between the compound interest and simple inferston rat S¥per annum for 2 cars 19.20, Whats the value of x? (SSCCGL-2018) @) 2300 (&) 3200 (©) 2800 (@) 3000 104 ‘Simple & Compound Interest 59, on. 2. 6. ‘The difference between compound interest and simple interest on “x at 15% per annum for? years is “9. Whatis the value of 2? (SSCCGL2018) @ © —%) Mm © 40 ~~ 30 ‘Assum of ~ 10000 is invested in three schemes of simple interest. The annual interest rates are respectively, 4%, 6% ‘and 10%, ° 4000 wore invested in the first scheme, Ifthe total interest earned afer five years is ” 2800, then how much money was iavested in the third scheme? (SSCMTS 2018) (@) * 1500) * 5000 (©) * 1000 (a) *3000 A sum of * 1200 is invested at compound interest (compounded half yearly), Ifthe rate of interest is 10% per annum, then what will be the amount after 18 months? (SSCMTS 2018) (a) * 1389.15 () > 118545 (© > 156825 (@) * 129535 4,300 becomes ~ 4,644 in 2 yeast simple interest. Find the principle amount that will become ™ 10104 in 5 years at the samerate of interest (SSC CGL 2019-20) (@) * 8420 () * 9.260 © “5710 @ ° 7200 ‘What wil be the compound interest on a sum of * 1200 for 2 years at the rate of 20% per annum when the interest is ‘compounded yearly? (SSC MTS 2019-20) (@) “624 (b) “508 “5% @) SB J. The simple interest on a sum for a certain numberof years, same as the rate percentage ofthe interest, is equal to the ‘sum itself The numberof years is equal 10 (SSCMTS 2019-20) @ 5 ® 2 ©8 @ wo In how many years will the simple interest on a sum of ‘money be equal tthe principle at rate of 122% pa.? (SSC CHSL 2019.20) (b) 8 years (@ 5 years (@) 7 years (©) 6 years 66. on 70. nl. ‘Two equal sums were lent on simple interest at 6% and 10% per annum respectively. The first sum was recovered two ‘yeas later than the second sum and the amount in each ease ‘was 1105. What was the sum (in ~) lent in each scheme? (SSC CGL 2020-21) @ 8 (HR © 9 WH ‘Aman investsan amount of ~ 1,05,750 at simple interest in thename of hisson, daughter and his wife in such a way that they get thesame interest after 3,4 and 5 years, respectively. If the rate of interest is 5% per annum, then the amount invested forthe wife is (SSC CHSL 2020-21) (a) * 30000 (&) > 28000 fe) ° 25000 (@ > 27000 Eight copies of a book can be bought for a certain sum payable atthe end ofa year and ten copies of the same book ‘can be bought for the same sum in case money. What isthe rate percentage ofthe interest? (SSC MTS 2020-21) (a) 10% () 25% (©) sr @ 1% ‘A farmer borrowed ”1,32,000 from a money lender to do cultivation in his field. The rate of interest is 12.5% p.a. ‘compounded annually. At the end of two years, he cleared his loan by paying ~ 1,07,062.50 and his scooter, The cost (in) ofthe scooter is: (SSC MTS 2020-21) (@) 75,000 (&) 45000 (©) 50,900 (@) 60000 ‘A sum amounts to ° 7,562 in 4 years and to ° 8,469.44 in 5 years a a certain rate percent per annum, when the interest is compounded yearly, The rate of interest is (GSC Sub-Inspector 2020-21) 12% (b) 15% (©) M% (a) 8% invested * 12,000 on simple interest at The rate of 10% p.a. toobtain a total amount af” 20,400 after a ceitair period. For how many years did she invest to obtain the above amount ? (SSC Sub-Inspector 2020-21) @s 9 |©6 @7 ‘Simple & Compound Interest 105 comm) HINTS & EXPLANATIONS [ffs oG -3)) L Time =3 half years= 1, years L @ Si<100 S © T=" FordoubleSi=P=x) 2X *100_ ove 4 R 2 6 @ ery o-r300( 1-8) > ~ 100/ 2S (14-8) a BAR 10s R = (8) -(4 8) 1B 108 io ~ 100 R15, . 100” 100 =k 2. (Lethe anual instalment be" -os28) 0235) MSE, NOx 105% gay & 100" 100" 100 = 115x+ 1108 105+ 100% = 1x10 =6450 «100 a = 430x= 6450 100 Rate Principal x Time 1500 L100 = =5%perannum 4 (@) Rate=10% per annum =5% half yearly ao -pfw 8) %. ser (a) sy =026,10=800 (1+) is 1 aa > S000 ‘Simple & Compound Interest 108 =x="2500 “Alternate Method: 503100 inal rate or inten 5% Final rater interest = 7-00 using all gation method Hence, te principal wll become 16 times ie 10% ~ (46> 12000) ‘92000 98% Stx100 MW. @) Rate = Pincipalx Tine 0% Ts% First amount: Second amount= 1:3 2,10, 1 35° 6 ~ Seperannum Received amount = 10000 12. @) Difference of2 years PR 2 Reguied difference = PR _, 4000%5%5 (2) 16.) (100)? ~~ “100%100 io, a=p(tect)(14 5) ino)! “00 a=10000(1+22)(1+ 32) 100)" i00) =m !2)(2) acme) A=1200 Bo 18, (Lets, ands, ae the rates of interests fe 1002100 _ op So,thedliferenee in S.1 3000%1 principal x time * difference between case, the rates of interests Interest - 100 Principal x Time Rate 500%2(5 1) 100 an 7000%S14 song 2.503100 100 500%2 Amnoxnt=7000 + 4900=" 11900 sy 14, (©) Difference ofrates=4% © i) Principal Time Rate 100 P= a pg? =2500 add A124 960 250093 100 si BOS = ors = x = 2602100 _- 2090 Ry RY Bet an. @ P(t fh) -1sses(1+ 7K) 133i 18, (@)_ If theamount ofan taken from the first hank be, 100 too then ; R xxcBt (100004) 10 ie 100 100 8+ 100000105 =95000 RLM Rod = 2x= 100000 950005000 100 ~ 10 100 ~ 10 10% Simple & Compound Interest 107 21. (6) S.1(Simple Interest) Principle x Rate Time, 00 100 800. Ried | 600 R x3 in- 100, 100 190-208 + 18R = 38R-190 => R-5% 2 @ ‘Therefore, T= 15 years. Depriciated value 2B @ 09? 100) halfyear 5% per half year a a-p(ie) 72610 (0s sy @y 49500 -ss0( 25. (@) 26. @) S110 Principle, +Ratex Time, 2.0 a Se212 43 = 10% per annum Let principal be represented by IstCase: _PXRXT_Px8x2 10 100 Und Case: _PXRXT _ PHB 100100 According to question 28. @) SI sl Pxie3_ PHB? 100100 2» @ ) Pxi59 5 s =p SHES 9999 su 10000%2512 -—To 00 30. @ LetXborrow * P He has to return total amount, 408 ‘Simple & Compound Interest 3. 2 3) __eticd 100 13230 2 1323 (2) 441 y = B20 _ 21)" _, 1323 _( 2)" _, a _(20 Pxtxs i000” Go} 1200730). > 400 bao) Total amount xget fom y,A'= P+ PAIS 2 pais According to question (3) (2) N=A=4800 a0) “20 ( 302) me) “n= 2years +38) (p24?) _ x00 1007" 35. 9 genni weeny 2 Ml Ml apy wey wa) 000 36.) Leteach installment be Letthersquired amount =P f(t) a] 8 ons 3! too 700 Hay “ all, eto Py idest_) 2{ 10000 ype 22210 Ee ni0x121 210 37 @_ LetamountisRrateis rand timeist. Let Ram borrowed ° P Prrn P83 _2000%5x3 si= “To > 100 20005. andca.= P(t+ 2) =P ® € 1250 aC 100. Let Pete principle amount and Re ate finterest from question, weave mea 540,C1.=" 37620 ap= PPAR 100 n= ass P=" 12000, Rate=5 % Time (n)=2, Amount =13230 wo : rie BY stan 00ra(-5) is is ‘Simple & Compound Interest sain, ost)? esi s1620= 7(1455, Pe zee (Prhr 2Pr 100 (lou)? "100 sys20. 18000 " 10000 100 376.20-18r+360 38) R=20% per annum = 5% per quarter 3 quarters T=9 months 2000 1.05% 1.05% 1.05, So, I= 13801.10—12000 =" 1801.10 Income in 2012 =" 26, 64,000 Every year % ofinereasein income =20% ‘ ‘ 100100 So, income of eampany in 2010 =26,64,000 «555 * 35 18,50,000 © 40. @ 261 Population 3 ys. ago= —— (- =8000 9261%20%20%20 2ix21x21 Letxbe the principal amount *y’be the time to double the money. Then interest will also be*x'. 4. @ wx2Sxy 4100 Final rate of interest for two pens =400 Sy = y 2 @ 43. 0) 109 Case I: When P=2100, R=, T=5, SI=840 2100%5%R 100 40 = te 8) ~ oe :£] m0 -sm(3)] al ar 2am 0 1025 25x 1M, 23625 Letprincipal= 10x Interest 3% 10x<6xT +00 years Let the sam be "| which becomes "2 afler 2 years 45.0) asst 3x 46. ©) “ nad years 47. () Letthesum be” x & original rate RY, then, (gx@e3=2) _(xRe2) 100 Too) ~ 6x=300% 100 x=5000 ‘Thevalue of 4x=4*5000=20000 48. (a) Let principal Then, Simple Interest=x~250 According to question, 410 le & Compound Interest 49. (0) Here, Pax, T=S,A-3x x x= 2K 4x 100 x40 50. (a) According to question, 0 years 625 +p S1=682-550=132 2. ©) Hee LaP=x es si=3 According to question, Bx_XxRKS 3 100 R= x10 199, 2x. ‘The ate of interest per annum 12% 53. @ Here, P= 12500, R= 12%, T~2 years, C1. -? \5680— 12500=3180 ‘Compound interest=* 3180 54.) Letsum’ =x CL when compounded half yearly ow, AH UI © T0000 25 ~ 10000 16 162 $8. () Timo= 75 years= T= halfyears 2 Rate= “* =4% halt year Gain= 01455) -P 100 ‘Simple & Compound Interest rr 13000/ 14] '? (ie) ao 56. (a) Let themoney invested at 15% p.a. is x. then amount invested at 12% p.a. is (12800—x) im cele, HNN _ ao 100 100 aS vs 2 asa =[1.05"—1}e100 « 1% 2) actin 15 time ()—8 months = 2 years, 2 ‘Sample interest (S.L)= P™ | 3S 62. @) ta" — io -AnaA-P8:=300 330 $8. (@) Weknow that, fortime 2 years, Ditowmstawen cast: 3- (2%) 5,-P2- a. @ 193 (a5) =*- go” 2° © Fajen ae 6 er sou ie id shane. ex amount invested in second scheme is 1000-4000 — r= (6000) Pant 100 sxl0xs 65. 100 )x6xS 100 1 Hence, money invested in third scheme=" 1000. P= 1200 Time= 18 month for half yearly time becomes twice 18 2= 36month=3 year 94 for half yearly 6 62s 825 o ay ath 03125 03125 03125 0.015625 “oa amount > 125 +625 +6.25+6.25+0.3125 +03125+0.3125+0.015625 = 144703125 unit 125 unit + 1200 (given) 1200 1s 1380.15 144.703125 + 209 ras.7o3125 Amouat— LetPrineipal =100 Combined Rate %=20-+20-+ 1200 ‘ompound Interest= “OO 44 Compound Interest= 528 {Interest principal it = 1224 - Rate ofimterest (#6) =125% = 77% Let simple interest = Sum of money= P. 12 Simple & Compound Interest Then fme = S1*100_ ag Sum xRate 5 Amount payin cash or 10 books =" 80 —PHI00 gear w px Amount payble in eash for one book = “2 a 0 2 66, (Let sums P and te second sum is recovered afer iidiemenevetepier. years ‘According tothe questions, art Pu6x(1+2)_ PxtOxt 100100 = on=10+ = 42 w. 1.32000 Rate ofinteest= 12.5%, Time=2 yas Payble around at the end of 2™ year Principal (1+ 55) » .22400( 11) 67. (@ Lettheamount invested bes yand= oo According tothe question, 2,000 2+ =1,67, 062.0 BABS _ yxAuS _ 2x55. ’, The cost of the scooter 100 ~ 100 100 67062 5010706250 * 60,000 (where, is acamstant) woos (RI soot fk mo Sat (ie) sous (ke ~~ 756200 100, Amount invested fo the wife tossed) as!” 100 105750 gy Sk ak) 05750). BOE + 18k-+12R = R=10% 71. @)_ Simple Interest = 20400 — 12000=8400 = 1057503 4k = 27,000 ert 47k “ iy EE 68.) Letthe sumis” 80 Amount payble at the end of a year =~ 80 Amount payble for a book atthe end of year

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