Ask a Doubt
Request a call back

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

ICSE Class 9 Answered

the difference between the simple interest and the compound interest on a sum of money for 2 years at 12% p.a. is Rs 216 . find  the sum  
Asked by sayantikasingh3318.9sdatl | 24 May, 2020, 08:56: AM
answered-by-expert Expert Answer
Let the sum be P
begin mathsize 16px style straight C. straight I. equals straight P open square brackets open parentheses 1 plus straight r over 100 close parentheses to the power of straight n minus 1 close square brackets equals straight P open square brackets open parentheses 1 plus 12 over 100 close parentheses squared minus 1 close square brackets equals straight P open square brackets open parentheses 28 over 25 close parentheses squared minus 1 close square brackets equals straight P open square brackets fraction numerator 784 minus 625 over denominator 625 end fraction close square brackets equals fraction numerator 159 straight P over denominator 625 end fraction straight S. straight I. equals fraction numerator straight P cross times 12 cross times 2 over denominator 100 end fraction equals fraction numerator 6 straight P over denominator 25 end fraction Given comma straight C. straight I. negative straight S. straight I. equals Rs. space 216 rightwards double arrow fraction numerator 159 straight P over denominator 625 end fraction minus fraction numerator 6 straight P over denominator 25 end fraction equals 216 rightwards double arrow fraction numerator 159 straight P minus 150 straight P over denominator 625 end fraction equals 216 rightwards double arrow 9 straight P equals 625 cross times 216 rightwards double arrow straight P space equals space Rs. space 15 comma 000 end style
Answered by Renu Varma | 24 May, 2020, 13:33: PM

Concept Videos

Multiple Choice Questions Practice Test
Answered Unanswered My Questions My Answers
ICSE 9 - Maths
Saving account deposit and interest calculation recurring deposit amount and interest calculation on maturity. teacher can u tell me the contents to include in this project
Asked by 2016159 | 25 Jun, 2024, 11:57: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
Class 9 ICSE Maths
question image
Asked by yeolekarprasad91 | 11 Jun, 2024, 11:45: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
The simple interest in 3 years and the compound interest in 2 years on a certain sum of money at the same are respectively ?1200 and ?832. Calculate the difference between compound interest and simple interest for 3 years.
Asked by bhartiujjawal91 | 24 May, 2024, 09:37: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
Find the rate of compound interest on rupees 4000 so that it can amount to rupees 4630.50 in 3 years
Asked by uttamasingh422 | 22 Apr, 2023, 10:04: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
find the sum on which the compound interest for 3 years at 10%per annum amounts to ?1655
Asked by gamertejas57 | 27 Jun, 2022, 18:08: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
1
question image
Asked by daksh12353abh | 04 Jun, 2022, 17:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
find the CI on 64004 one and half years at 5% pa interesting compounded half yearly
Asked by krishnasangam2008 | 11 Apr, 2022, 21:06: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
Find find amount and compound interest on rupees 12000 for 5 by 2 years at 5% per annum.
Asked by ritasingh2502 | 13 Jul, 2021, 12:44: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
calculate ci on 9000 for 2 year at 12%p.a
Asked by payalpshah10 | 28 Jun, 2021, 16:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 9 - Maths
pankha invested 75000 for three years on the condition that she will get the rate of interest for 2 years at 12% and the third year as 15% what will be the compound interest when compounded annually
Asked by vartikaagarwal61.9soc | 09 Jun, 2021, 20:45: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
My Class Videos Tests ₹ Plans Ask a Doubt
Are You a Teacher or a Parent Seeking Customised Tests? Click here
×