[1 Mark Question Answer]

Question 11 Mark

Natasha gave Rs.6O,OOO to Nimish for 3 years at 15%,p.a. compound interest.
Calculate to the nearest rupee :
The Compound Interest paid by Nimish

Answer

$C _{\text {total }}=20541$

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Question 21 Mark

Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The amount received by him had he chosen tlle duration of the deposit to be 2 years.

Answer

$P _2=34496$

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Question 31 Mark

Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The compound inrerest received by him.

Answer

$C_{\text {total }}=11136$

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Question 41 Mark

Ameeha loaned Rs. 24,000 to a friend for $2 \frac{1}{2}$ at $10 \%$ p.a. compond interest.
Calculate the amount received by her at the end of time period.

Answer

Total interest = 2400+2640+2904=7944

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Question 51 Mark

Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest,
Find the interest earned in the third year.

Answer

$C _3=6998.4$

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Question 61 Mark

A sum of Rs. 65000 is invested for 3 years at 8 % p.a. compound interest.
Find the compound interest earned in the first two years.

Answer

$C _1+ C _2=5200+5616=10816$

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