M L Aggarwal Solutions for Chapter: Simple and Compound Interest, Exercise 5: Check Your Progress

Find the amount and the compound interest on $₹ 5000$ for $2$ years at $6\%$ per annum, interest payable yearly.

Find the amount and the compound interest on $₹7400$ for $1$ year at $5\%$ per annum, interest payable half yearly.

Find the difference between C.I. and S.I. on sum of $₹5000$ for $2$ years at $8\%$ per annum payable yearly.

Find the compound interest on $₹10000$ for $1\frac{1}{2}$ years at $10\%$ per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?

If the sum invested for $1\frac{1}{2}$ years compounded half yearly at the rate of $4\% \mathrm{p}.\mathrm{a}.$ is $₹k$ which will amount to $₹132651$. Find the value of $k$

Find the time (in years) in which $₹12500$ will produce $₹3246.40$ as compound interest at $8\%$ per annum, compounded annually.

If the amount and compound interest on $₹2500$ in $2$ years if the rates are $5\%$ and $6\%$ for the successive years is $₹k$, find the value of $k$