Vijeta Competitions Editorial Board Solutions for Chapter: Compound Interest, Exercise 2: PRACTICE EXERCISE

A man borrows a certain sum of money from a money lender at the rate of $15\%$ per annum compound interest, interest being compounded annually and agrees to return it in two equal yearly instalment of $\mathrm{Rs}.1058$ each. Find the sum?

Find the discount of $₹1722.25$ is due in $2 \mathrm{years}$ reckoning compound interest at $3\frac{3}{4}$ p.c.

The difference between compound interest and the simple interest on a certain sum at $12.5\%$ per annum for $3$ years is $₹250$. Find sum.

A man invested ${\frac{1}{3}}^{rd}$ of his capital at $7\%, {\frac{1}{4}}^{th}$ at the rate of $8\%$, and the remaining at $10\%$. If his annual income is $₹561$, the capital is?

A sum fetched total simple interest of $₹5950$ at the rate of $8.5$ percent per annum in $5$ years. What is the sum?

Find the amount at C.I of $₹8000$ in $1.5$ years at $10\%$ p.a. The interest is payable half-yearly?

In what time will the sum of $₹500$ amount to $₹665.50$ at $10\%$ p.a. compound interest?

What sum of money invested for $3$ years at $4\%$ per annum shall become $₹17576$ at compound interest?