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A man borrowed 16,000 for 3 years under ...

A man borrowed 16,000 for 3 years under the following terms:
20% simple interest for the first 2 years.
20% C.I. for the remaining one year on the amount due after 2 years, the interest being compounded half-yearly.
Find the total amount to be paid at the end of three years.

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The correct Answer is:
Rs 27,104
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ICSE-COMPOUND INTEREST (USING FORMULA)-EXERCISE 3(C)
  1. If the interest is compounded half-yearly, calculate the amount when p...

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  2. Find the difference between the compound interest compounded yearly an...

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  3. A man borrowed 16,000 for 3 years under the following terms: 20% sim...

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  4. What sum of money will amount to Rs 27,783 in one and a half years at ...

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  5. Ashok invests a certain sum of money at 20% per annum, compounded year...

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  6. At what rate of interrest per annum will a sum of Rs 62,500 earn a co...

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  7. In what time will Rs 1,500 yield Rs 496,50 as compound interest at 20%...

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  8. Calcualte the C.I. on Rs 3,500 at 6% per annum for 3 years, the intere...

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  9. Find the difference between compound interest and simple interest on R...

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  10. Find the difference between compound interest and simple interest on R...

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  11. If the interest is compounded half-yearly, calculate the amount when p...

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  12. Find the difference between the compound interest compounded yearly an...

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  13. A man borrowed 16,000 for 3 years under the following terms: 20% sim...

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  14. What sum of money will amount to Rs 27,783 in one and a half years at ...

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  15. Ashok invests a certain sum of money at 20% per annum, compounded year...

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  16. At what rate of interrest per annum will a sum of Rs 62,500 earn a co...

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    |

  17. In what time will Rs 1,500 yield Rs 496,50 as compound interest at 20%...

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    |

  18. Calcualte the C.I. on Rs 3,500 at 6% per annum for 3 years, the intere...

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    |

  19. Find the difference between compound interest and simple interest on R...

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  20. Find the difference between compound interest and simple interest on R...

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