GANIT PRAKASH Class X COMPOUND INTEREST Lesson – 6.1


 GANIT PRAKASH Class X || WBBSE ||Math Solution of Chapter 6.1 || Madhyamik Math Solution of Chapter 6 || West Bengal Board Math Solution of Chapter 6 || WBBSE Class 10 Chapter 6.1

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6. COMPOUND INTEREST AND UNIFORM RATE OF

INCREASE OR DECREASE

Lesson – 6.1

1.   I have 5000 in my hand. I deposited that money in a bank at the rate of 8.5% compound interest per annum for two years. Let us write by calculating how much money I shall get at the end of 2 years.

Solution:

Principal (P) = 5000

Rate (r)           = 8.5 %

Time (n)         = 2 Years

Amount (A)    =?

Total amount after 2 years will be,

2. Let us calculate the amount on 5000 at the rate of 8% compound interest per annum for 3 years.

Solution:

Principal (P) = 5000

Rate (r)           = 8 %

Time (n)         = 3 Years

Amount (A)    =?

 

3. Goutam babu borrowed ₹ 2000 at the rate of 6% compound interest per annum for 2 years. Let us write by calculating how much compound interest at the end of 2 years he will pay.

Solution:

Principal (P) = ₹ 2000

Rate (r)           = 6 %

Time (n)         = 2 Years

Compound Interest (Ic) =?

           


\ At the end of 2 years, he will pay compound interest ₹ 247.20.

 

4. Let us write by calculating compound interest on 30000 at the rate of 9% compound interest per annum for 3 years.

Solution:

Principal (P) = ₹ 30000

Rate (r)           = 9 %

Time (n)         = 3 Years

Compound Interest (Ic) =?

           




\ Required compound interest = ₹ 8850.87

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