Home
Class 9
MATHS
Roshan invests 2,40,000 for 2 years at 1...

Roshan invests 2,40,000 for 2 years at 10% per annum compounded anually. If the income tax at 20% is deducted at the end of each year on the interest accrued, find the amount he will receive at the end of 2 years.

Text Solution

Verified by Experts

The correct Answer is:
2,79,936
Promotional Banner

Topper's Solved these Questions

  • CHAPTERWISE REVISION (STAGE 3)

    ICSE|Exercise FACTORS |9 Videos
  • CHAPTERWISE REVISION (STAGE 3)

    ICSE|Exercise SIMUTANEOUS EQUATIONS |11 Videos
  • CHAPTERWISE REVISION (STAGE 3)

    ICSE|Exercise DISTANCE FORMULA |11 Videos
  • CHAPTERWISE REVISION (STAGE 1)

    ICSE|Exercise Graphical solution |10 Videos
  • CIRCLE

    ICSE|Exercise EXERCISE 17(D)|12 Videos

Similar Questions

Explore conceptually related problems

Find the compound interest on Rs 12000 for 3 years at 10% per annum compounded annually.

8,000 were invested at 5% per annum C.I. compounded annually . Find : the amount at the end of the second year.

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

A sum of Rs. 8,000 is invested for 2 years at 10% per annum compound interest. Calculate : final amount at the end of the second year.

Manoj invest rupes 12,000 for 3 years at 10 % per annum . Calculate the amount and the compound interest that Manoj will get at the end of 3 years .

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

Saurabh invests रु 48,000 for 7 years at 10% per annum compound interest. Calculate : (i) the interest for the first year. (ii) the amount at the end of the second year. (iii) the interest for the third year.

Find the compound interest on Rs 10000 for 1 year at 20% per annum compounded quarterly.

Ramesh invests रु 12,800 for three years at the rate of 10% per annum compound interest. Find: (i) the sum due to Ramesh at the end of the first year. (ii) the interest he earns for the second year. (iii) the total amount due to him at the end of the third year.

8,000 were invested at 5% per annum C.I. compound annually . Find : the interest for the third year.

ICSE-CHAPTERWISE REVISION (STAGE 3) -COMPOUND INTEREST
  1. Prove that 2 + sqrt3 is an irrational number.

    Text Solution

    |

  2. If x= ( sqrt5- sqrt3)/ ( sqrt5+ sqrt3) and y= ( sqrt5+ sqrt3)/( sqrt5...

    Text Solution

    |

  3. The interest charged on a certain sum is 720 for one year and 1.497.60...

    Text Solution

    |

  4. The population of a town increases 10% every 3 years. If the present p...

    Text Solution

    |

  5. The population of a town increases 10% every 3 years. If the present p...

    Text Solution

    |

  6. The cost of a machine depreciated by rupes 4,752 during the second ye...

    Text Solution

    |

  7. The cost of a machine depreciated by rupees 4,752 during the second y...

    Text Solution

    |

  8. The cost of a machine depreciated by rupes 4,752 during the second ye...

    Text Solution

    |

  9. Pramod borrowed 60,000 at 12% per annum compound interest. If he pays ...

    Text Solution

    |

  10. Roshan invests 2,40,000 for 2 years at 10% per annum compounded anuall...

    Text Solution

    |

  11. Amol bought a plot of land for 70,000 and a car for 32,000 on the same...

    Text Solution

    |

  12. On what sum of money will the difference between the compound interest...

    Text Solution

    |

  13. A certain sum of money is invested at a certain fixed rate compounded ...

    Text Solution

    |

  14. rupees 12,000 is invested for 1 (1)/(2) years at C.I annually. If Rs...

    Text Solution

    |

  15. If x- (1)/ (x ) = 4, find the value of : x+ (1)/(x)

    Text Solution

    |

  16. If x- (1)/ (x ) = 4, find the value of : x^(2) + (1)/( x^(2))

    Text Solution

    |

  17. If x- (1)/ (x ) = 4, find the value of : x ^(4) + ( 1 )/(x^(4))

    Text Solution

    |

  18. If 3a + 4b =9 and ab= 2 find the value of : 27 a^(3) + 64 b ^(3)

    Text Solution

    |

  19. If x - (1)/(x) = y , x ne 0 , find the value of (x- (1)/ (x) - 2y...

    Text Solution

    |

  20. The sum of two numbers is 7 and the sum of their cubes is 133. Find th...

    Text Solution

    |