Compound Interest

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Compound Interest: Overview

This topic covers concepts, such as Compound Interest on Loan, Deducing a Formula for Compound Interest, Compound Interest as Per Cent, Finding Amount of Compound Interest on a Loan, and Rate Compounded Annually or Half Yearly.

Important Questions on Compound Interest

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The rate of depreciation of a car is 10% per annum. Its present worth is81000. What was its worth 2 years ago?

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In what time will 1,000 amount to 1,331 at 20% per annum, compounded half -yearly?

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If 7,500 has been borrowed at an annual compound rate of interest of 4% p.a.. How much money will have to be returned after two years?

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Find compound interest on Rs. 225,00 at 4% per annum for 2 years, compounded annually ?

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Mr. Maitray invested money in two schemes A and B offering C.I. at the rate of 8% p.a.9% p.a. respectively. If the total amount of interest incurred through the two schemes together in two years was 4818.30 and the total amount invested was 27,000. What was the amount invested in scheme A?

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A sum of money lent out at compound interest increases in value by 50% in 5 years. A person wants to lend three different sums x, y and z for 10, 15 and 20 years respectively at the above rate in such a way that he gets back equal sums at the end of their respective periods. The ratio x : y : z is

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A sum of 1000 is invested at 12% interest and the interest is compounded half-yearly. What will be total amount at the end of one year?

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A father left a will of ₹16400 for his two sons aged 17 and 18 years.They must get equal amounts when they are 20 years, at 5% compound interest. Find the present share of the younger son?

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The compound interest on  6000 for $3$  years at 8% for the first year; 10% for the second year and 12% for the third year is:

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An amount of Rs. 50440 borrowed at 5% per annum compounded yearly, is to be repaid in 3 equal annual installments. Find the amount of each installment ?

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If + means ÷, - means +, × means -, and ÷ means ×, then what will be the value of

8 ÷ 4 - 6 + 3 × 4 ?

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Find the compound interest on  10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

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Under a scheme of investment, the rate of interest is 4% and the interest is compounded quarterly. What will be the amount if a man invests 2000 for 1 year under this scheme?

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What will be the compound interest of 48000, at the rate of 10% for a period of 112 years, if the rate of interest is calculated on the basis of  6 months?

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Find out the sum, for which the difference, between the compound and simple interest, for 3 years at the rate of 10% per annum, would be ‘31'?

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The effective rate of interest corresponding to a nominal rate 7% per annual convertible quarterly is

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What is the compound interest (in Rs.) on a sum of Rs. 12,600 for 112 years at 20% per annum if the interest is compounded half yearly? (Nearest to a Rupee)

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If the desired future value after 5 years with 18% interest rate is Rs.1,50,000, then the present value (in Rs.) is (Given that 1.185= 2.2877)

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A loan of 3900 is to be returned in two equal annual instalments. If the rate of interest is 8% per annum, compounded annually, then the total interest charged (in ) under this instalment plan is

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Find the compound interest if an amount of Rs. 50,000 is deposited in a bank for one year at the rate of 8% per annum compounded semi annually