Home
Class 8
MATHS
A loan of ₹ 15000 was taken on compound ...

A loan of ₹ 15000 was taken on compound interest. If the rate of compound interest is 12 p.c.p.a. find the amount to settle the loan after 3 years.

Text Solution

Verified by Experts

The amount to be paid to settle the loan at the end of 3 years is ₹ 21073.92
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
NAVNEET PUBLICATION-COMPOUND INTEREST-QUESTION BANK
  1. The cost price of a machine is 2,50,000. If the rate of depreciation i...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  15. There are 25,000 trees in a forest. If the target rate for growth in t...

    Text Solution

    |

  16. The value of a machine is ₹ 48,000. If each year, its value depreciate...

    Text Solution

    |

  17. A car is valued at ₹ 4,00,000. If its value falls at 2.5% per year, wh...

    Text Solution

    |

  18. The population of a village is 1,20,000. If the population increases b...

    Text Solution

    |

  19. What is the difference between the simple interest and compound intere...

    Text Solution

    |

  20. Find the principal which amounts to ₹ 23152.50 at the rate of 5 p.c.p....

    Text Solution

    |