Quote:
Originally Posted by getintoiimb puys pls help me with these qns
1)ranjeet makes a deposit of Rs 50000 in PNB for a period of 2.5 yrs.if the rate of interest is 12 % per annum compounded half yearly find the maturity value of the money deposited by him?
ans : 66911.27
2)if a certain sum of money becomes double at SI in 12 yrs what would be the rate of interest per annum?
ans : 8(1/3)
3)a part of Rs 38800 is lent out at 6% per six months.the rest of the amount is lent out at 5% per assum after 1 yr.the ratio of interest after 3 yrs frmo the time when the first amount was lent out is 5:4.find the second part that was lent out at 5%?
ans : Rs 28800
4)a sum fo Rs 1000 after 3 yrs at CI becomes a certain amount that is equal to the amount that is the result of a 3 yr depreciation from Rs 1728.find the difference between the rates of CI and depreciation(given CI is 10% p.a)
ans :2 %
5)the difference between CI and SI on a certain sum of money at 10% per annum for 3 yrs is Rs 620.find the principal if it is known that the interest is compounded anually?
ans :Rs 20000
6)an amount of Rs 12820 due 3 yrs hence is fully repaid in 3 annual installments starting after 1 yr.the first installment is 1/2 the second installment and the 2nd installment is 2/3 rd of the third installment.if the rate of interest is 10% per annum.find the 1st installment?
ans : Rs 2000 |
@getintoiimb u have changed ur ming great man @getintoiima
my solution :
1)taking A=P(1+r/100)^n and since the compounded half yearly is said then it will be rate becomes half and time doubles
so we have
A=50000(1.06)^5
which gives 66911.27
2)Using S.I = P*R*T/100
and S.I = A-P we get
R=8(1/3)%
3)Using S.I = P*R*T/100
and taking the amount as x and 38800-x respectively we get
((x*6*6)/(12*100))/(((38800-x)*1*5)/100)=5/4
solving this we get answer as 28800.
4) A=P(1+r/100)^n
we get 1000(1+10/100)^3=1728(1-r/100)^3
using this we get the r as 8.333%
so the difference is 10-8.33% ~ 2% (check)
5)A=P(1+r/100)^n and C.I = P((1+r/100)^n-1)
we get the relation as
P((1+10/100)^3-1-30/100)=620 solving this we get P=20000
6)let the installments be (1/3)x , (2/3)x and x respectively hence the number and using the relation of S.I we get the answer x=6000 and hence the first installment is 2000.
hope i am clear