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8th ICSE
IMPORTANT
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In what time will  15625 amount to  17576 at 4% per annum compound interest?

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Important Questions on Simple and Compound Interest

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8th ICSE
IMPORTANT
 16000 invested at 10% p.a. compounded semi-annually amounts to  18522. Find the time period of the investment.
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8th ICSE
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The money borrowed (lent or invested) is called _____ .

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8th ICSE
IMPORTANT

The additional money paid by the borrower to the moneylender in lieu of the money used is called _____.

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8th ICSE
IMPORTANT

Fill in the blanks:

In simple interest, the principal remains _____ (increases/decreases/constant) for the whole loan period.

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8th ICSE
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In compound interest the _____ goes on changing every conversion period.

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8th ICSE
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The time after which the _____ is added each time to form a new principal is called Conversion period.

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8th ICSE
IMPORTANT

If the interest is compounded semi-annually then semi-annually rate is _____ of annual rate.

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8th ICSE
IMPORTANT

The interest paid by the banks, post offices, insurance companies is simple interest.