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QA03 Compound Interest
• Money is said to be lent at Compound
Interest if the interest is not paid as soon as it
falls due, but is added to the principal after a
fixed period, so that the amount at the end of
the period, becomes the principal for the next
period.
• When interest is compounded annually:
• Amount =
S.I & C.I
• If the difference between Simple Interest and
Compound Interest on a certain sum of money
for 2 years at R% rate is given then
If the difference between simple interest and compound interest on a certain sum
of money at 10% per annum for 2 years is Rs 2 then find the sum.
S.I & C.I
• If the difference between Simple Interest and
Compound Interest on a certain sum of money
for 3 years at R% is given then
If the difference between simple interest and compound interest on a certain sum
of money at 10% per annum for 3 years is Rs 2 then find the sum.
Sol:
COMPOUND INTEREST
• If sum A becomes B in T1 years at compound
interest, then after T2 years
Rs 1000 becomes 1100 after 4 years at
certain compound interest rate. What will
be the sum after 8 years?
Sum:
Here A = 1000, B = 1100
T1 = 4, T2 = 8

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Qa03 compound interest

  • 2. • Money is said to be lent at Compound Interest if the interest is not paid as soon as it falls due, but is added to the principal after a fixed period, so that the amount at the end of the period, becomes the principal for the next period.
  • 3. • When interest is compounded annually: • Amount =
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. S.I & C.I • If the difference between Simple Interest and Compound Interest on a certain sum of money for 2 years at R% rate is given then If the difference between simple interest and compound interest on a certain sum of money at 10% per annum for 2 years is Rs 2 then find the sum.
  • 14. S.I & C.I • If the difference between Simple Interest and Compound Interest on a certain sum of money for 3 years at R% is given then If the difference between simple interest and compound interest on a certain sum of money at 10% per annum for 3 years is Rs 2 then find the sum. Sol:
  • 15. COMPOUND INTEREST • If sum A becomes B in T1 years at compound interest, then after T2 years Rs 1000 becomes 1100 after 4 years at certain compound interest rate. What will be the sum after 8 years? Sum: Here A = 1000, B = 1100 T1 = 4, T2 = 8