MEDIUM
9th ICSE
IMPORTANT
Earn 100

A sum of ₹9600 is invested for 3 years at 10% per annum at compound interest. Hence, write down the compound interest for the third year. 

Important Questions on Compound Interest

HARD
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.1>Q 14

The simple interest on a certain sum of money for 2 years at 10% per annum is₹1600.Find the amount due and the compound interest on this sum of money at the same rate after 3 years, interest being reckoned annually.

HARD
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.1>Q 15
Vikram borrowed ₹20000 from a bank at 10% per annum simple interest. He lent it to his friend Venkat at the same rate but compounded annually. Find his gain after 212 years.
HARD
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.1>Q 16
A man borrows Rs 6000 at 5% compound interest. If he repays Rs 1200 at the end of each year, find the amount outstanding at the beginning of the third year.
HARD
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.1>Q 17
Mr. Dubey borrows ₹100000 from State Bank of India at 11% per annum compound interest. He repays ₹41000 at the end of first year and ₹47700 at the end of second year. Find the amount outstanding at the beginning of the third year.
HARD
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.1>Q 18
Jaya borrowed ₹50000 for 2 years. The rates of interest for two successive years are 12% and 15% respectively. She repays₹33000 at the end of first year. Find the amount she must pay at the end of second year to clear her debt.
MEDIUM
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.2>Q 1
Find the amount and the compound interest on Rs.5000 for 2 years at 6% per annum, interest payable yearly.
MEDIUM
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.2>Q 2
Find the amount and the compound interest on Rs.8000 for 4 years at 10% per annum, interest reckoned yearly.
MEDIUM
9th ICSE
IMPORTANT
Understanding ICSE Mathematics Class 9>Chapter 2 - Compound Interest>EXERCISE 2.2>Q 3
If the interest is compounded half yearly, calculate the amount when the principal is Rs 7400, the rate of interest is 5% and the duration is one year.