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Standard VIII

Mathematics

Compound Interest

Question 58Th...

Question

Question 58

The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula P $(1 + \frac{R}{100})$

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Solution

False
The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula,
Compound interest = A - P
where, $A = P {(1 + \frac{R}{100})}^{r}$

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When principal P is compounded semi-annually at r% per annum for t years, then amount = ___

Question 64

In questions 60 to 79, state whether the statements are True or False.
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Q. Calculate the amount and compound interest on
(a)

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for

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% per annum compounded annually.
(b)

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for

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(c)

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for

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(d)

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for

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years at

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% per annum compounded annually.
(e)

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for

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% per annum compounded annually.

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The formula for amount A when the principal P is compounded annually at r% per year for t years is ______ .

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Compound Interest

Standard VIII Mathematics

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Question 58 The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula P (1+R100)

False The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula, Compound interest = A - P where, A=P(1+R100)r

Question 58

The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula P $(1 + \frac{R}{100})$

False
The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula,
Compound interest = A - P
where, $A = P {(1 + \frac{R}{100})}^{r}$