Monicaa Abhijit Solutions for Chapter: Compound Interest, Exercise 2: Exercise 13.2

Mehak lent $₹8,000$to Ria at the rate of $12\frac{1}{2}\%$ per annum compound interest. Kind the amount payable by Ria to Mehak after $2$ years.

Find the difference between the compound interest and simple interest on a sum of $₹16,000$for $3$ years if the rate of interest is $2\%$per annum.

Sanjay borrowed $₹12,800$ at the rate of $6 \frac{1}{4}\%$per annum at simple interest. On the same day. he lent it to Rajesh at the same rate but compounded annually. What does Sanjay gain at the end of $2$ years?

Find the amount on $₹5,050$for $18\mathbf{ }$months at the rate of $10\%$ per annum, the interest being compounded semi-annually.

Find the compound interest on $₹1,500$ for $9$ months at the rate of $4\%$ per annum, the interest being paid quarterly.

Manoj lent $₹15,000$ for $9$ months at the rate of $8\%$per annum compounded quarterly. What interest docs he receive at the end of $9$ months?

Find the difference in compound interest on $₹5,000$ for $1$year at the rate of $8\%$per annum if in the first case interest is paid annually and in the second case semi-annually.

Find the difference in compound interest on $₹6,000$ for $1$year at the rate of$4\%$per annum if in the first case interest is paid half-yearly and in the second case quarterly