MATHEMATICS [2 Mark Question Answer]

Find the amount and the compound interest on ₹ 7500 for 2 years 8 months at 10% p.a., compounded annually

On what sum of money will the compound interest for 2 years at 8% per annum be ₹7488?

The simple interest on a sum of money at 12% per annum for 1 year is ₹ 900 . Find :
(i) the sum of money and
(ii) the compound interest on this sum for 1 year, payable half-yearly at the same rate.

Calculate the amount and the compound interest on ₹ 10000 for 2 years at 8% p.a., compounded annually.

Amit started a shop by investing ₹ 500000. In the first year, he incurred a loss of 5%. However, during the second year, he earned a profit of 10% which in the third year rose to 12%. Calculate his net profit for the entire period of three years.

Calculate the amount and the compound interest on ₹ 16000 for 1 year at 15% per annum, compounded half-yearly.

The simple interest on a sum of money for 2 years at 10% p.a. is ₹ 1700. Find:
(i) the sum of money,
(ii) the compound interest on this sum for 1 year, payable half-yearly at the same rate.

Calculate the amount and the compound interest on ₹ 15000 for 2 years compounded annually, the rates of interest for the successive years being 8% and 9% per annum respectively.