Home
Class 9
MATHS
A borrowed रु 2,500 from B at 12% per an...

A borrowed रु 2,500 from B at 12% per annum compound interest. After 2 years, A gave रु 2,936 and a watch to B to clear the account. Find the cost of the watch.

Text Solution

Verified by Experts

The correct Answer is:
Rs 200
Promotional Banner

Topper's Solved these Questions

  • COMPOUND INTEREST

    ICSE|Exercise TOPIC 1 (4 Marks Questions)|14 Videos

  • COMPOUND INTEREST

    ICSE|Exercise TOPIC 2 (3 Marks Questions)|13 Videos

  • COMPOUND INTEREST

    ICSE|Exercise EXERCISE 2 (D)|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

Romesh borrowed Rs. 2000 at 2% per annum and Rs. 1000 at 5% per annum. He cleared his debt after 2 years by giving Rs. 2800 and a watch. What is the cost of watch?

A sum of रु 13,500 is invested at 16% per annum compound interest for 5 years. Calculate : (i) the interest for the first year. (ii) the amount at the end of the first year. (iii) the interest for the second year, correct to the nearest rupee.

A man invests रु 5,600 at 14% per annum compound interest for 2 years. Calculate : (i) the interest for the first year. (ii) the amount at the end of the first year. (iii) the interest for the second year, correct to the nearest rupee.

Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest. Calculate the interest paid by her for the second year.

A man invests रु 46,875 at 4% per annum compound interest for 3 years. Calculate : the interest for the 1st year,

Amit borrowed 20,000 at 12% per annum compound interest. If he pays 40% of the sum borrowed at the end of the first year and 40% of the sum borrowed at the end of the second year, find the amount of loan outstanding at the beginning of the third year.

A man borrowed Rs. 20,000 for 2 years at 8% per year compound interest. Calculate : the compound interest of two years.

A farmer borrowed Rs 2400 at 12% interest per annum. At the end of 2 1/2 years, he cleared his account by paying Rs 1200 and a cow. Find the cost of the cow.

Ashok borrowed 12,000 at some rate per cent compound interest. After a year, he paid back रु 4,000. If compound interest for the second year be रु 920, find : (i) the rate of interest charged (ii) the amount of debt at the end of the second year.

Reema took a loan of Rs. 8000 from a money lender, who charged interest at the rate of 18% per annum. After 2 years, Reema paid him Rs. 10400 and wrist watch to clear the debt. What is the price of the watch?