Home
Class 9
MATHS
A certain sum of money, placed out at co...

A certain sum of money, placed out at compound interest, amounts to रु 6,272 in 2 years and to रु 7,024.64 in 3 years. Find the rate of interest and the sum of money.

Text Solution

AI Generated Solution

To solve the problem, we need to find the rate of interest and the initial sum of money (principal) based on the amounts given after 2 years and 3 years. ### Step-by-Step Solution: 1. **Identify the amounts after 2 and 3 years**: - Amount after 2 years (A2) = रु 6,272 - Amount after 3 years (A3) = रु 7,024.64 ...
Promotional Banner

Topper's Solved these Questions

  • COMPOUND INTEREST

    ICSE|Exercise EXERCISE 2 (A)|10 Videos

  • COMPOUND INTEREST

    ICSE|Exercise EXERCISE 2 (B)|10 Videos

  • COMPLEMENTARY ANGLES

    ICSE|Exercise EXERCISE |64 Videos

  • COMPOUND INTEREST (USING FORMULA)

    ICSE|Exercise EXERCISE 3(E)|24 Videos

Similar Questions

Explore conceptually related problems

A sum of money, invested at compound interest, amounts to Rs 19,360 in 2 years and to Rs 23,425.60 in 4 years. Find the rate percent and the original sum of money.

A sum of money, invested at compound interest, amounts to Rs 19,360 in 2 years and to Rs 23,425.60 in 4 years. Find the rate percent and the original sum of money.

A sum of money lent out at simple interest amounts to ₹1900 in 1 year and to ₹2800 in 4 year. Find the rate of interest and the sum of money.

A sum of money lent out at simple interest amounts to ₹20,000 in 1 year and to ₹30,000 in 5 years. Find the rate of interest and some of money.

A certain sum of money at compound interset amounts to Rs 6,600 in 1 year and to Rs 7,986 in 3 years. Find the sum and the rate percent.

A sum of money, invested at compound interest, amounts to Rs 16,500 in 1 year and to Rs 19,965 in 3 years. Find the rate per cent and the original sum of money invested.

A sum of money lent out at simple interest amounts to ₹7440 in 3 years and to ₹9360 in 7 years. Find the sum of money and the rate of interest.

A sum of money lent out at simple interest amounts to ₹2880 in 2 years and to ₹3600 in 5 years. Find the sum of money and the rate of interest.

A sum of money, at compound interest, amounts to रु 8,100 in 5 years and to रु 8,748 in 6 years. Find : (i) the rate per cent (ii) amount in 7 years and (iii) amount in 4 years.

A certain sum . At compound interest, becomes rupes 7.396 in 2 year and rupes 7,950. 70 in 3 years Find the rate of interest.