Home
Class 8
MATHS
Kamala borrowed Rs 26,400 from a Bank to...

Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. what amount will she pay at the end of 2 years and 4 months to clear the loan?

Text Solution

Verified by Experts

The correct Answer is:
Rs `36659.70`
Promotional Banner

Topper's Solved these Questions

  • COMPARING QUANTITIES

    SWAN PUBLICATION|Exercise Exercise 8.2 |10 Videos
  • ALGEBRAIC EXPRESSIONS AND IDENTITIES

    SWAN PUBLICATION|Exercise EXERCISE 9.5|51 Videos
  • CUBES AND CUBE ROOTS

    SWAN PUBLICATION|Exercise EXERCISE 7.2|9 Videos

Similar Questions

Explore conceptually related problems

Vasudevan invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly. What amount would he get after 1 year?

Vasudevan invested 60,000 at an interest rate of 12% per annum compounded half yearly. What amount would he get after 6 months?

Rs.7,000 is borrowed at 3.5% rate of interest p.a. borrowed for 2 years. Find the amount to be paid at the end of the second year.

Rs.6,050 is borrowed at 6.5% rate of interest p.a.. Find the interest and the amount to be paid at the end of 3 years.

A sum of Rs.20,000 is invested by Heena for 2 years at an interest of 8% comopunded annually.Find the compound interest and the amound she has to pay at the end of 2 years.

Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find : The amount credited against her name at the end of the second year.

SWAN PUBLICATION-COMPARING QUANTITIES -Exercise 8.3
  1. Calculate the amount and compound interest on : Rs 10,800 for 3 years ...

    Text Solution

    |

  2. Calculate the amount and compound interest on : Rs 18,000 for 2(1)/(2)...

    Text Solution

    |

  3. Calculate the amount and compound interest on : Rs 62,500 for 1(1)/(2)...

    Text Solution

    |

  4. Calculate the amount and compund interest on : Rs8,000 for 1 year at 9...

    Text Solution

    |

  5. Calculate the amount and compound interest on : Rs 10,000 for 1 year a...

    Text Solution

    |

  6. Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15...

    Text Solution

    |

  7. Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple intere...

    Text Solution

    |

  8. I borrowed Rs 12,000 from Jamshed at 6% per annum simple interest for ...

    Text Solution

    |

  9. Vasudevan invested Rs 60,000 at an interest rate of 12% per annum comp...

    Text Solution

    |

  10. Vasudevan invested Rs 60,000 at an interest rate of 12% per annum comp...

    Text Solution

    |

  11. Arif took a loan of Rs 80,000 from a bank. If the rate of interest is ...

    Text Solution

    |

  12. Arif took a loan of Rs 80,000 from a bank. If the rate of interest is ...

    Text Solution

    |

  13. Maria invested Rs 8,000 in a business. She would be paid interest at 5...

    Text Solution

    |

  14. Maria invested Rs 8,000 in a business. She would be paid interest at 5...

    Text Solution

    |

  15. Find the amount and the compound interest on Rs 10,000 for 1(1)/(2) ye...

    Text Solution

    |

  16. Find the amount which Ram will get on Rs.4096,if he gave it for 18 mon...

    Text Solution

    |

  17. The population of a place increased to 54,000 in 2003 at a rate of 5% ...

    Text Solution

    |

  18. The population of a place increased to 54,000 in 2003 at a rate of 5% ...

    Text Solution

    |

  19. In a Laboratory, the count of bacteria in a certain experiment was inc...

    Text Solution

    |

  20. A scooter was bought at Rs 42,000. Its value depreciated at the rate o...

    Text Solution

    |