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Byju's Answer

Standard IX

Mathematics

Finding CI When Rate Compounded Semi-Annually

If A and B bo...

Question

If A and B borrow money Rs.15000 and Rs.18000 at 7% per annum and 2% per annum compounded annually respectively. Let the compound interest paid by A and B be x and y, then

x> y

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x< y

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x = y

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x ≥ y ( Depends on x )

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can’t say

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Solution

The correct option is B
x< y

The C.I. paid by $A = 15000$ $- 15000$

= Rs.375

The C.I. paid by $B = 18000$ $- 18000$

$= R s . 914.472$

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Similar questions

A and B borrowed Rs. 60000 and Rs. 50,000 respectively for a period of 3 years. A paid simple interest at a rate of $10 %$ per annum while B paid compound interest at the rate of $10 %$ per annum compounded annually. Who paid more and by how much?

Calculate the amount and compound interest on

R s . 15000

for

2

years at

10 %

per annum compounded annually.

ii)

R s . 156250

for

1 \frac{1}{2}

years at

8 %

per annum compounded half yearly.

iii)

R s . 100000

for

9

months at

4 %

per annum compounded quarterly.

Calculate the amount and compound interest on

(a ) $R s 10800$ for $3$ years at $12 \frac{1}{2} %$ per annum compounded annually.

(b) $R s 18000$ for $2 \frac{1}{2}$ years at $10 %$ per annum compounded annually.

(d) $R s . 8000$ for $1$ year at $9 %$ per annum compound half yearly.

(You could use the year by year calculation using SI formula to verify)

(e) $R s . 10000$ for $1$ year at $8 %$ per annum compounded half yearly.

Calculate the amount and compound interest on
(a) $R s . 10, 800$ for $3$ years at $12 \frac{1}{2} %$ per annum compounded annually.
(b) $R s . 18, 000$ for $2 \frac{1}{2}$ years at $10 %$ per annum compounded annually.

Q. Fabina borrows Rs

12, 500

12 %

per annum for

3

years at simple interest and Radha borrows the same amount for the same time period at

10 %

per annum, compounded annually. What is the difference in interest paid by Fabina?(If your answer is

x

, then write

[x]

)

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If A and B borrow money Rs.15000 and Rs.18000 at 7% per annum and 2% per annum compounded annually respectively. Let the compound interest paid by A and B be x and y, then

The correct option is B x< y The C.I. paid by A=15000 –15000 = Rs.375 The C.I. paid by B=18000 –18000 =Rs.914.472

The correct option is B
x< y

The C.I. paid by $A = 15000$ $- 15000$

= Rs.375

The C.I. paid by $B = 18000$ $- 18000$

$= R s . 914.472$