MEDIUM
9th ICSE
IMPORTANT
Earn 100

A scooter is bought for ₹31250. If its value after 2 years is ₹24200, find its rate of depreciation.

Important Questions on Compound Interest

MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2C>Q 12
The machinery of a factory was valued at ₹18400 the end of 2018. If it depreciated at 8% of the value at the beginning of the year, calculate its value at the end of 2017 and 2019.
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 1
Rahul borrows ₹15000 for 2 years at CI annually from a bank. After one year, it amounts to ₹16200. Calculate the rate of interest.
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 1
Rahul borrows ₹15000 for 2 years at CI annually from a bank. After one year, it amounts to ₹16200. Calculate the interest for the second year.
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 2
A sum of ₹20000 yields ₹3328 as compound interest in 2 years. Find the rate of interest. 
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 3
Amrit Raj borrows ₹60000 from a bank at 9% per annum on compound interest. He repays at the end of first year ₹24500 and ₹12700 at the end of the second year. Find the amount outstanding at the beginning of the third year. 
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 4
A certain sum amounts to ₹26,460 in 2 years and ₹27783 in 3 years when compounded annually. Calculate the rate of interest and the sum borrowed. 
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 5
Khushnaz borrows a sum of ₹8000 for 2 years at SI and immediately lends out this money to another person at CI for the same period at the same rate. If she makes a profit of ₹96.80 on this transaction at the end of two years, calculate the rate of interest.
HARD
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>MISCELLANEOUS EXERCISE>Q 6
On a sum of money, the difference between CI for a year payable half-yearly and the SI for a year is ₹80. If the rate of interest is 5%, find the sum.