Chhattisgarh Board Solutions for Exercise 7: Exercise

How much interest would we get from the bank on $₹9000$ in a year with quarterly compounded interest at $8\%$ annual rate of interest. 

How much money should Surjeet deposit in the Punjab National bank, so that he gets $₹6615$ after two years with the rate of interest $5\%$ annually? Write the answer in $₹$.

What amount would become $₹18,522$ at an annual rate of interest of $10\%$ after one and a half years if the interest is calculated every six months?

Kabir borrowed $₹15,625$ from the Indian bank. He returned $₹17,576$ after $3$ years. If the rate of interest charged by the bank is $k\%$, then find the value of $k$.

If the rate of interest $₹6,000$ would become $₹6,615$ in two years is $k\%,$ then find the value of $k$.

In how much time would the compounded amount become $₹9,261$ from a principal of $₹8,000$ if the interest is compounded annually at the rate of $5\%$ interest?

Ahmed got an interest amount of $₹5,853$ on his deposit of $₹46,875$ at an annual rate of interest of $8\%$. If the interest was compounded every six months then find the time of deposit?

If the principal amount on which the difference between the compound interest and simple interest is $₹40$, after two years at the rate of annual interest $5\%$ is $₹k$, then find the value of $k$.