Mr. Dubey borrows Rs.100000 from state bank of India at 11% p.a compound interest. He repays RS 41000 at the end of the first year and RS 47700 at the end of second year. Find the amount outstanding at the beginning of the third year.

ICSE Class 9 Answered

Asked by Kanwaranita10 | 04 Mar, 2018, 09:10: AM

Expert Answer

begin mathsize 16px style Principle equals Rs. space 100000 straight r equals 11 percent sign space compounded space annually Interest space after space 1 space year equals fraction numerator 100000 cross times 11 cross times 1 over denominator 100 end fraction equals Rs. space 11000 Total space after space 1 space year equals 100000 plus 11000 equals Rs. space 111000 Rs. space 41000 space paid space amount Total space outstanding space after space 2 space year equals 111000 minus 41000 equals Rs. space 70000 Interestafter space 2 space year equals fraction numerator 70000 cross times 11 over denominator 100 end fraction equals Rs. space 7700 Total space after space 2 space year equals 70000 plus 7700 equals Rs. space 77700 Rs. space 47700 space paid Outstanding space at space the space starting space of space 3 space year equals 77700 minus 47700 equals Rs. space 30000 end style

Answered by Sneha shidid | 04 Mar, 2018, 12:27: PM

Answered Unanswered My Questions My Answers

ICSE 9 - Maths

mesh invests $12.800 for three years at the rate of 10% per annum compound interest. Find: (1)The sum due to Ramesh at the end of the first year (n) The interest he earns for the second year. The total amount due to him at the end of the third

Asked by krishnasangam2008 | 12 Apr, 2022, 05:24: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

find the sum , invested at 10persent compounded annually , on which the interest for thrid year exceeds the interest of the first year by ruppes 252

Asked by marimuthud13 | 21 Jul, 2021, 08:31: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

Find the amount and compound interest on rupees 12000 for 5 by 2 years at 5 % per annum.

Asked by Bt320042 | 04 Jul, 2021, 03:39: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

find the amount and compound interest due to 40000 borrowed for 5 by 2 years for 15 percent per annum

Asked by dhyeyshah98.9soc | 14 Jun, 2021, 12:06: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

find the compound interest on rs 4000 accured in 3 years,whenthe rate interest is 8 % for the first year and 10%per year fotr the secobd and the third year year

Asked by syedfaaiz00 | 16 Aug, 2020, 08:53: AM

ANSWERED BY EXPERT

ICSE 9 - Maths

Asked by aasthasinghvi233 | 05 Aug, 2020, 03:19: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

ashok borrowed rs 12000 at some rate of interest compound interest.After a year he paid back rs 4000. If compund interest for the second year is rs 920 find the rate of interest

Asked by stylish.dev.d | 27 Jul, 2020, 05:50: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

the simple interest on a sum of money for 2 years at 12% per annum is 1380 rupees find the sum of money money

Asked by tripathiom167 | 24 Jun, 2020, 06:56: PM

ANSWERED BY EXPERT

ICSE 9 - Maths

Assam of money is invested at 10% per annum compounded half yearly if the difference of amount and time of 6 months and 12 months is rupees 189 find the sum of money invested

Asked by bantikhan5069 | 13 Sep, 2019, 01:14: AM

ANSWERED BY EXPERT

ICSE 9 - Maths

Roshan invests rs 240000 for 2 years at 10% per annum compounded annually. If their income tax is 20% is deducted at the end of each year on the interest accrued, find the amount he will receive at the end of two years?

Asked by aneesh382005 | 16 Jul, 2019, 02:23: PM

ANSWERED BY EXPERT

ICSE Class 9 Answered

Concept Videos

Compound Interest

CALL US / WHATSAPP

Please Login or Sign up to continue!

ICSE Class 9 Answered

Concept Videos

Compound Interest

Choose Filters

Open In Ask A Doubt App ?

Get in Touch

Call / Whats App