Ask a Doubt
Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 8 Answered

find the difference betweenthe compound interest and simple interest on a sum of 64000 rupees for 2 years at 7and a half p.a
Asked by shrivastavaomprakash47 | 27 Feb, 2019, 05:52: PM
Expert Answer
Simple space interest straight I equals PNR over 100 equals fraction numerator 64000 cross times 2 cross times begin display style 15 over 2 end style over denominator 100 end fraction equals 9600 space Rs. COmpound space interest straight I space equals space straight A minus straight P equals straight P open parentheses 1 plus straight R over 100 close parentheses to the power of straight n minus straight P equals 64000 open parentheses 1 plus fraction numerator begin display style 15 over 2 end style over denominator 100 end fraction close parentheses squared minus 64000 equals 9960 Rs difference equals 360 space Rs.
Answered by Arun | 28 Feb, 2019, 09:59: AM

Application Videos

Concept Videos

Multiple Choice Questions Practice Test Subjective Questions Webinar Subjective Questions Pre Board Assessment
Answered Unanswered My Questions My Answers
CBSE 8 - Maths
A sum of money is invested at a compound interest for 9 months at 20 percent per annum compounded semi annually. If the interest were compounded quarterly, it would have fetched rs 210 more than in the previous case. Find the sum
Asked by GJain7394 | 20 Sep, 2022, 02:44: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
Ramen took a loan of 130000 from a finance company at the rate of 10 p.a. for 15 months to purchase a motor cycle .How much amount will he pay if the interest is calculated compounded quarterly ?
Asked by jeetabhi0012 | 25 Oct, 2021, 10:15: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
in how many years will Rs.882 amount to Rs.1100 at 5% per annum compounded annually
Asked by sohamosjsj05 | 20 Sep, 2021, 10:18: AM
ANSWERED BY EXPERT
CBSE 8 - Maths
compound interest on 10,000at 15%pre annum for 2 year
Asked by krishnaghate10 | 17 Feb, 2021, 05:04: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
compound interest on 10,000at 15%pre annum for 2 year  
Asked by krishnaghate10 | 14 Feb, 2021, 02:29: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
Find the compound interest on rs10000at5percent p.a. for3years .the interest payable yearly
Asked by Srkkhan8272904604 | 31 Jan, 2021, 03:49: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
what is compound interest
Asked by amamta692 | 31 Jan, 2021, 09:53: AM
ANSWERED BY EXPERT
CBSE 8 - Maths
find the compound interest on Rupees 15625 at 16% per annum for 9 months when compounded quarterly
Asked by manotasimran5 | 04 Dec, 2020, 09:04: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
compound interest method
Asked by akhandanandshukla20047 | 11 Oct, 2020, 03:43: PM
ANSWERED BY EXPERT
CBSE 8 - Maths
prena borrowed
Asked by sainikulwant39 | 28 Sep, 2020, 12:00: PM
ANSWERED BY EXPERT
My Class Videos Tests ₹ Plans Ask a Doubt