Home
Class 8
MATHS
To start a business Shalaka has taken a ...

To start a business Shalaka has taken a loan of ₹ 8000 at a rate of `10 1/2` p.c.p.a. After two years how much compound interest will she have to pay?

Text Solution

Verified by Experts

Shalaka will have to pay compound interest ₹ 1768.20 after two years.
Promotional Banner

Topper's Solved these Questions

  • AREA

    NAVNEET PUBLICATION|Exercise QUESTION BANK|41 Videos
  • CONGRUENCE OF TRIANGLES

    NAVNEET PUBLICATION|Exercise QUESTION BANK|14 Videos

Similar Questions

Explore conceptually related problems

What is the interest on ₹ 1,000 at 10 p.c.p.a. for 1 year ?

NAVNEET PUBLICATION-COMPOUND INTEREST-QUESTION BANK
  1. Find the amount and the compound interest.

    Text Solution

    |

  2. Sameer Rao has taken a loan of ₹ 12500 at a rate of 12 p.c.p.a. for 3 ...

    Text Solution

    |

  3. To start a business Shalaka has taken a loan of ₹ 8000 at a rate of 10...

    Text Solution

    |

  4. On the construction work of a flyover bridge there were 320 workers in...

    Text Solution

    |

  5. A shepherd has 200 sheep with him. Find the number of sheep with him a...

    Text Solution

    |

  6. In a forest there are 40,000 trees. Find the expected number of trees ...

    Text Solution

    |

  7. The cost price of a machine is 2,50,000. If the rate of depreciation i...

    Text Solution

    |

  8. Find the compound interest, if the amount of a certain principal after...

    Text Solution

    |

  9. A loan of ₹ 15000 was taken on compound interest. If the rate of compo...

    Text Solution

    |

  10. A principal amounts to ₹ 13924 in 2 years by compound interest at 18 p...

    Text Solution

    |

  11. The population of a suburb is 16000. Find the rate of increase in the ...

    Text Solution

    |

  12. In how many years will ₹ 700 amount to 847 at a compound interest rate...

    Text Solution

    |

  13. Find the difference between the simple interest and compound interest ...

    Text Solution

    |

  14. Choose the correct alternative answers for each of the following quest...

    Text Solution

    |

  15. Choose the correct alternative answers for each of the following quest...

    Text Solution

    |

  16. Find the simple interest on ₹ 9000 invested at the rate of 10 p.c.p.a....

    Text Solution

    |

  17. Neha invested ₹ 10,000 at the rate 10 p.c.p.a. in a scheme for 3 year...

    Text Solution

    |

  18. Find the compound interest accruing annually on ₹ 5000 for 3 years at ...

    Text Solution

    |

  19. Ganesh invested ₹ 50,000 in a nationalised bank for 2 years at the rat...

    Text Solution

    |

  20. Ambadas took a loan of ₹ 96000 at com­pound interest from a bank to dr...

    Text Solution

    |