Monicaa Abhijit Solutions for Chapter: Compound Interest, Exercise 3: Exercise 13.3

Author:Monicaa Abhijit

Monicaa Abhijit Mathematics Solutions for Exercise - Monicaa Abhijit Solutions for Chapter: Compound Interest, Exercise 3: Exercise 13.3

Attempt the practice questions on Chapter 13: Compound Interest, Exercise 3: Exercise 13.3 with hints and solutions to strengthen your understanding. START UP MATHEMATICS solutions are prepared by Experienced Embibe Experts.

Questions from Monicaa Abhijit Solutions for Chapter: Compound Interest, Exercise 3: Exercise 13.3 with Hints & Solutions

MEDIUM
8th CBSE
IMPORTANT

Find the compound interest at the rate of 5% per annum for 3 years on that principal which in 3 years at the rate of 5% per annum gives 1,200 as the simple interest.

HARD
8th CBSE
IMPORTANT

A sum of 31,250 amounts to35,152 in 112years. Find the rate per annum, interest being compounded semi-annually.

MEDIUM
8th CBSE
IMPORTANT

Hariti invested a certain sum of money for 112years at the rate of 15% per annum compounded six-monthly. At the end of 112years she receives a compound interest of 1,891.50. Find the sum invested by Hariti.

MEDIUM
8th CBSE
IMPORTANT

Find the rate at which a certain sum of money will almost double itself in 2 years, if the interest is compounded annually.

MEDIUM
8th CBSE
IMPORTANT

The difference between the compound interest and the simple interest on a sum of 15,000 for 2 years is 96. What is the rate of interest?

MEDIUM
8th CBSE
IMPORTANT

Pallavi deposited46,875 in a bank. In how many years will this sum yield a compound interest of 5,853 at the rate of 8% per annum compound semi-annually?

MEDIUM
8th CBSE
IMPORTANT

Sanju took a loan from the bank to buy a motorcycle at the rate of 15% per annum compounded half-yearly. He paid a compound interest of 15,507 after 112years. Find his loan amount.

MEDIUM
8th CBSE
IMPORTANT

In how much time will a sum of money double if invested at 8% simple interest per annum.