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Syllabus

(A) P

_{1}(B) P_{3}(C) P_{3}(D) P_{4}Maria invests Rs.93750 at 9.6% per annum for 3 years and the interest is compounded annually.Calculate:i) The amount standing to her credit at the end of the second years.

ii)The interests for the third year.

(ans. i)112614 ; ii) 10810.94)

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(1) the sum of money

(2) the compound interest on this sum for one year payable half- yearly at the same rate.

This is in my course ...

Q.10. On a certain sum of money, lent out at C.I., interests for first, second and third years are Rs. 1,500; Rs. 1,725 and Rs. 2,070 respectively. Find the rate of interest for the (i) second year (ii) third year.

Q.18. If Rs. 40000 amounts to Rs. 48620.25 in 2 years, compound interest payable half-yearly, find the rate of interest per annum.

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Q.6. Gopal has some Rs. 100 shares of company A, paying 10 % dividend. He sells a certain number of these shares at a discount of 20 % and invests the proceeds in Rs. 100 shares at Rs. 60 of company B paying 20 % dividend. If his income, from the shares sold, increases by Rs. 18,000, find the number of shares sold by

Gopal.

$\left(A\right)-2\mathrm{\pi}\mathrm{N}-\mathrm{s}\left(\mathrm{B}\right)\mathrm{Zero}\mathrm{N}-\mathrm{s}\phantom{\rule{0ex}{0ex}}\left(\mathrm{C}\right)+4\mathrm{\pi N}-\mathrm{s}\left(\mathrm{D}\right)+6\mathrm{\pi}\mathrm{N}-\mathrm{s}$

1)find the principal in the beginning of the second year

2)find the compound interest(to the nearest rupee)on the sum for 3 years

Q.8. Find the wrong number in the given series.

2, 3, 4, 6, 12, 12, 48, 24, 250

(A) 4

(B) 6

(C) 48

(D) 250

18. If Rs 40000 amount to Rs 48620.25 in 2 years, compound interest interest payable half-yearly, find the rate of interest per annum.

14.A man invests Rs 1200 for two years at compound interest. After one year the money amounts to Rs 1275. Find the interest for the second year correct to the nearest rupee.a)its value after two years

b)its value when its was purchased.

Q.(i) In what time will Rs 1500 yield Rs 496$\xb7$50 as compound interest at 10% per annum compounded annually?(ii) Find the time (in years) in which Rs 12500 will produce Rs 3246$\xb7$40 as compound interest at 8% per annum, interest compounded annually.

Q15. Vikram borrowed Rs. 20000 from a bank at 30% per annum simple interest. He lent it to his friend Venkat at the same rate but compounded annually. Find his gain after $2\frac{1}{2}\mathrm{years}$.

Q17. Mr Dubey borrows Rs. 100000 from State Bank of India at 11% per annum compound interest. He repays Rs. 41000 at the end of first year and Rs.47700 at the end of second year. Find the amount outstanding at the beginning of the third year.

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Q.10. A man invested Rs. 45,000 in 15 % Rs. 100 shares quoted at Rs. 125. When the M. V. of these shares rose to Rs. 140, he sold some shares, just enough to raise Rs. 8,400. Calculate :

(i) the number of shares he still holds;

(ii) the dividend due to him on these remaining shares.