Question Text
Question 1 :
Compound interest is the interest calculated on the previous year's amount.
Question 2 :
The difference in SI and CI on a certain sum of money in 2 years at 15% p.a. is Rs 144. The sum is
Question 3 :
Identify in which type of interest rate is applied to the original principal and any accumulated interest?<br/>
Question 4 :
The difference between the S.I. on a certain sum at the rate of 10% per annum for 2 years and C.I. which is compounded every 6 months is Rs. 124.05. What is the principal sum?
Question 5 :
If a sum of money at compound interest amounts to thrice itself in 3 years, then in how many years will it be 9 times of itself?
Question 6 :
Find C.I. on Rs. $12000$ at $5$ $\%$ p.a. for $3$ years compounded annually.<br/>
Question 7 :
Calculate the compound interest for the second year on Rs. $16,000/-$ invested for $3$ years at $10$% per annnum.
Question 8 :
A sum of money invested at compound interest amounts to Rs $4624$ in $2$ years and to Rs $4913$ in $3$ years. The sum of money is________
Question 9 :
<span>If $400$ dollars is deposited in a bank account for $4$ years at $8$% per annum . Calculate interest using compound interest formula.</span>
Question 10 :
What would be the C.I. obtained on an amount of Rs. $12000$ at the rate of $9$ p.c.p.a for $3$ years?