Question Text
Question 1 :
Calculate the compound interest on Rs 62,500 for $1\frac{1}{2}$ years at $8\%$ per annum compounded half yearly.
Question 2 :
60% people in a city like cricket, 30% like football and the remaining like other games. If the total number of people are 50 lakh, find the exact number who like football game.
Question 3 :
A sum is taken for one year at $16\%$ p.a. If interest is compounded after every three months, how many times will interest be charged in one year?
Question 4 :
The cost of an article was Rs 15,500 and Rs 450 were spent on its repairs. If it is sold for a profit of 15%, find the selling price of the article.
Question 5 :
A milkman sold two of his buffaloes for Rs 20,000 each. On one he made a gain of 5% and on thc other a loss of 10%. Find his overall gain or loss. [Hint: Find GP of each]
Question 6 :
A scooter was bought at Rs 42,000. Its value depreciated at the rate of $8\%$ per annum. Find its value after one year.
Question 7 :
Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of $15\%$ p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?
Question 8 :
An almirah is sold at Rs 5,225 after allowing a discount of $5\%$. Find its marked price.
Question 9 :
Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum, find the amount he would be paying after $1\frac{1}{2}$ years if the interest is compounded half yearly.
Question 10 :
Vasudevan invested Rs 60,000 at an interest rate of $12\%$ per annum compounded half yearly. What amount would he get after 1 year?