Naukri Aspirant

Lkiuks dks ns mM+ku

Mathematics Practice Set Compound Interest Part- II

1. A sum of money at compound interest double v)Z & okf’kZd :Ik ls fu;ksftr] ;fn fdlh /kujkf”k ij 12%
itself in 15 years. It will become eight times of okf’kZd nj ls pØo`f) C;kt rFkk lk/kkj.k C;kt dk vUrj 1
itself in. o’kZ ds fy, Rs.36 gS rks jkf”k D;k gSA
,d /kujkf”k pØo`f) C;kt ls 15 o’kkZs eas viuh nqxuh gks a) Rs.10000 b) Rs.12000
tkrh gSA ;g jkf”k fdrus o’kksZ esa viuh 8 xquk gks tk,xhA c) Rs.15000 d) Rs.9000
a) 45years b) 48years 6. A builder borrows Rs.2550 to be paid back with
c) 54years d) 60years compound interest at the rate of 4% per annum by
2. If the amount is 2.25 times of the sum after 2 the end of 2 years in two equal yearly
years at compound interest (compound annually), installments. How much will each installment be?
the rate of interest per annum is: ,d fcYMj }kjk m/kkj yh xbZ jkf”k dk 4% okf’kZd pØo`f)
pØo`f) C;kt ¼okf’kZd pØo`f)½ ls dksbZ jkf”k 2 o’kksZ eas C;kt dh nj ls] nks o’kksZ ds var rd Rs.2550 dh jkf”k dks
2.25 [Link] gks tkrh gSA C;kt dh okf’kZd nj D;k gSA nks cjkcj fdLrks eas pqdkrk gSA rks izR;sd fdLr fdruh gSA
a) 25% b) 30% a) Rs.1352 b) Rs.1377
c) 45% d) 50% c) Rs.1275 d) Rs.1283
3. At what percent per annum will Rs.3000 amounts 7. The difference between the simple and compound
to Rs.3993 in 3 years if the interest is interest on a certain sum of money at 5% rate of
compounded annually? interest per annum for 2 years is Rs.15 . Then the
fdl okf’kZd C;kt dh nj ls Rs.3000 ] ;fn pØo`f) C;kt sum is:
okf’kZd ns; gks] rks 3 o’kZ eas Rs.3993 gks tk,sxhA fdlh /kujkf”k ij 5% okf’kZd C;kt dh nj ls 2 o’kksZ ds
a) 9% b) 10% lk/kkj.k vkSj pØo`f) C;ktksa dk vUrj Rs.15 gSA rc og
/kujkf”k gSA
c) 11% d) 13%
a) Rs.6500 b) Rs.5500
4. In how many years will Rs.2000 amounts to
c) Rs.6000 d) Rs.7000
Rs.2420 at 10% per annum compound interest.
8. If the difference between the compound interest
fdrus le; eas Rs.2000 ] 10% okf’kZd pØo`f) C;kt dh
and simple interest on a sum of 5% rate of interest
nj ls Rs.2420 gksxhA
per annum for three years is Rs.36.60 then the
1
a) 3years b) 2 years sum is:
2
;fn fdlh /kujkf”k ij 5% okf’kZd nj ls 3 o’kksZ ds lk/kkj.k
1
c) 2years d) 1 years vkSj pØo`f) C;ktksa dk varj Rs.36.60 gks] rks /kujkf”k gSA
2
a) Rs.8000 b) Rs.8400
5. If the difference between the compound interest,
c) Rs.4400 d) Rs.4800
compounded every six months, and the simple
interest on a certain sum of money at the rate of
12% per annum for one year is Rs.36 the sum is:

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9. A sum of money invested at compound interest a) Rs.220 b) Rs.240
doubles itself in 6 years. At the same rate of c) Rs.245 d) Rs.250
interest, it will amount to eight times of itself in: 14. On a certain sum of money the compound in
dksbZ /kujkf”k pØo`f) C;kt ls 6 o’kksZ eas nqxuh gks tkrh gSA interest for 2 years is Rs.282.15 and the simple
og jkf”k vius ls vkB&xquh mlh C;kt dh nj ls fuEu le; interest for the same period of time is Rs.270 . The
esa gks tk,xhA rate of interest per annum is:
a) 12years b) 14years fdlh fuf”pr /kujkf”k ij nks o’kksZ ds fy, pØo`f) C;kt
c) 18years d) 10years Rs.282.15 rFkk leku le;kof/k ds fy, lk/kkj.k C;kt
10. A sum of money invested at compound interest Rs.270 gSSA rks C;kt dh okf’kZd nj gS&
amounts in 3 years to Rs.2400 and in 4 years to a) 6.07% b) 10%
Rs.2520 . Interest rate per annum is: c) 9% d) 12.15%
dksbZ /kujkf”k pØo`f) C;kt ls 3 o’kksZ eas Rs.2400 rFkk 4 15. The difference between simple and compound
o’kksZ eas Rs.2520 gks tkrh gSA izfr okf’kZd nj D;k gSA interest (compounded annually) on a certain sum
a) 5% b) 6% of money for 2 years at 4% per annum is Rs.1 .
c) 10% d) 12% The sum (In Rs.) is:
11. A sum becomes Rs.4500 after two years and fdlh fuf”pr /kujkf”k ij 2 o’kZ ds fy, 4% okf’kZd nj ls
Rs.6750 after four years at the same compound lk/kkj.k rFkk pØo`f) C;kt okf’kZd fu;ksftr dk varj Rs.1
interest. The sum is: gS] rks /kujkf”k D;k gS&
dksbZ /kujkf”k pØo`f) C;kt 2 ls o’kksZ esa Rs.4500 rFkk 4 a) Rs.650 b) Rs.630
o’kksZ ckn Rs.6750 gks tkrh gSA rks jkf”k D;k gS& c) Rs.625 d) Rs.640
a) Rs.4000 b) Rs.2500 16. A sum of money invested at compound interest
c) Rs.3000 d) Rs.3050 amounts to Rs.650 at the end of first year and
12. In what time will Rs.1000 amounts to Rs.1331 at Rs.676 at the end of second year. The sum of
20% per annum, compounded half yearly? money is:
fdrus le; esa Rs.1000 dh jkf”k 20% okf’kZd nj ls dksbZ /kujkf”k pØo`f) C;kt ls igys o’kZ ds var esa Rs.650
Rs.1331 gks tk,xh] tcfd C;kt izfr Nekgh la;ksftr gksrk rFkk nwljs o’kZ ds varj esa Rs.676 gks tkrk gSA rks og
gSA /kujkf”k D;k gS&
1 a) Rs.600 b) Rs.540
a) 1 years b) 2years c) Rs.625 d) Rs.560
2
17. The principal, which will amount to Rs.270.40 in
1
c) 1year d) 2 years 2 years at the rate of 4% per annum compound
2
interest is:
13. If the compound interest on a sum of money for 3
og /kujkf”k] tks 4% okf’kZd pØo`f) C;kt nj ls 2 o’kksZ eas
years at the rate of 5% per annum is Rs.252.20
Rs.270.40 gks tkrh gSA
the simple interest on the same sum at the same
rate and for the same time is: a) Rs.200 b) Rs.225
;fn fdlh fuf”pr /kujkf”k ij 3 o’kksZ ds fy, 5% okf’kZd c) Rs.250 d) Rs.220
nj ls pØo`f) C;kt Rs.252.20 gks] rks leku /kujkf”k ij
leku le; ds fy, leku nj ij lk/kkj.k C;kt fdruk gS&

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 Naukri Aspirant
Lkiuks dks ns mM+ku
18. If the compound interest on a sum for 2 years at pØo`f) C;kt ls dksbZ /kujkf”k 15 o’kksZ eas [kqn dh nqxuh gks
1 tkrh gSA rks leku C;kt dh nj ls fdrus o’kksZ eas og [kqn dh
12 % per annum is Rs.510 , the simple interest vkB&xquh gks tk,sxhA
2
on the same sum at the same rate for the same a) 30years b) 45years
period of time is: c) 21years d) 60years
1 23. If the rate of interest be 4% per annum for first
12 % Okkf’kZd nj ls 2 o’kZ ds fy, fdlh jkf”k ij pØo`f)
2 year, 5% per annum for second year and 6% per
C;kt Rs.510 gS] rks mlh nj ls mlh jkf”k ij mlh vof/k annum for third year, then the compound interest
ds fy, lk/kkj.k C;kt fdruk gksxk\ of Rs.10000 for 3 years will be.
a) Rs.400 b) Rs.480 ;fn C;kt dh nj igys o’kZ ds fy, 4% izfr okf’kZd] nwljs
c) Rs.450 d) Rs.460 o’kZ ds fy, 5% okf’kZd rFkk 6% okf’kZd rhljs o’kZ ds fy, gS
19. The difference between simple and compound rks Rs.10000 dh /kujkf”k ij 3 o’kZ eas pØo`f) C;kt D;k
interest on a sum of money at 4% per annum for gksxk\
2 years is Rs.8 . The sum is: a) Rs.1600 b) Rs.1625.80
fdlh /kujkf”k ij 4% okf’kZd nj ls 2 o’kksZ dk lk/kkj.k c) Rs.1575.20 d) Rs.2000
C;kt rFkk pØo`f) C;kt dk varj Rs.8 gS] rks /kujkf”k gS\ 24. Compound interest on a sum of money for 2 years
a) Rs.400 b) Rs.800 at 4 percent per annum is Rs.2448 . Simple
c) Rs.4000 d) Rs.5000 interest on the same sum of money at the same
20. A sum of money becomes eight times of itself in rate of interest for 2 years will be:
3 years at compound interest. The rate of interest fdlh /kujkf”k ij 4% okf’kZd nj ls 2 o’kksZ dk pØo`f)
per annum is: C;kt Rs.2448 gSA rks mlh /kujkf”k ij leku C;kt nj ls
dksbZ /kujkf”k pØo`f) C;kt ls 3 o’kksZ esa Lo;a dh vkB xquh 2 o’kksZ dk lk/kkj.k C;kt D;k gksxkA
gks tkrh gSA rks C;kt nj izfr okf’kZd D;k gS\ a) Rs.2500 b) Rs.2400
a) 100% b) 80% c) Rs.2360 d) Rs.2250
c) 20% d) 10% 25. At what rate per annum will Rs.32000 yield a
21. The difference between simple and compound compound interest of Rs.5044 in 9 months
interest on a certain sum of money for 2 years at interest being compounded quarterly?
4 percent annum is Rs.10 . The sum of money is: ;fn C;kt =Sekfld :Ik ls la;ksftr gks] rks C;kt ds fy,
fdlh fuf”pr /kujkf”k ij 4% okf’kZd nj ls 2 o’kksZ dk okf’kZd nj ls Rs.32000 dk 9 ekl pØo`f) C;kt
lk/kkj.k rFkk pØo`f) C;kt dk vUrj Rs.10 gSA rks /kujkf”k Rs.5044 gksxk\
gS& a) 20% b) 32%
a) Rs.6000 b) Rs.6250 c) 50% d) 80%
c) Rs.5600 d) Rs.6500
22. A sum of money placed at compound interest
doubles itself in 15 years. In how many years, it
would amount to eight times of itself at the same
rate of interest?

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 Naukri Aspirant
Lkiuks dks ns mM+ku

Solution – Note: Amount will be same in the same period of

time ¼cjkcj le; eas jkf”k Hkh cjkcj gksxh½]
2. (d) Let the principal ¼ekuk fd ewy/ku½  Rs.P,
1. (a) Note: In such type of questions to save your
Time ¼le;½  2years
valuable time follow the given below method.
uksV% bl izdkj ds iz”uksa es vius cgqewY; le; ds cpr ds Amount ¼feJ/ku½  Rs.2.25P,
fy, vki uhps nh x;h fof/k dk iz;ksx dj ldrs gSA Let Rate ¼ekuk fd nj½ %  R%
Principal Amount Time (years) By using formula,
1 2
1 (2) 15  R 
2.25P  P 1  
  3  100 
2
1 (2) 3
45years 225  R 
 1  
Hence, required time ¼vHkh’V le;½  45years 100  100 
2 2
Alternate:  15   R 
(i) Let principal ¼ewy/ku½  P,    1  
 10   100 
Amount ¼feJ/ku½  2P R 15 R 5
 1  
Case (I): By using formula, 100 10 100 10
 R 
15
Alternate  Note  In such type of
2 P  P 1   ..............(i) questions to save your valuable time follow
 100 
the given below method.
Case (II): Let after n years it will become 8
Amount : Principal
times ¼ekuk fd n o’kZ ds ckn ;g 8 xquk gks tk,sxk½
n II nd year  2 225 : 2 100
 r 
8P  P 1   ..............(ii ) I year  15
st
: 10
 100 
From, equation (i), 5 units
15
 R 
2  1   5
 100  Rate%  100  50%
10
Cubing both sides ¼nksukas i{kksa dk ?ku djus ij½]
Year : 2000
45
 R  3. (b) Note: for detailed solution of such ty8pe of
(2)  1 
3
 ..............(iii)
 100  questions, check the solution of previous
By using equation (ii) & (iii) questions.
 Here n  45 years uksV% bl rjg ds iz”uksda dk foLr`r gy ns[kus ds fy, fiNys
Alternate:(ii): iz”ukas ds gy dks ns[ksAa
15yrs 15yrs 15yrs
Amount : Principal
P 2 P  4P  8P
3000 3993
:
 15  3  45yrs

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 Naukri Aspirant
Lkiuks dks ns mM+ku

3rd Year  3 1000 : 3 1331 Ratio  100 : 121

I st Year  10 : 11 Note: Now after 2nd year both the principal
and amount will be in the same ratio.
1 units
uksV% vc o’kZ ds ckn ewy/ku rFkk feJ/ku cjkcj] vuqikr
esa gksxkA
1
Rate%  100  10% Hence, required time ¼vHkh’V le;½ (t )  2 years
10
5. (a) Case (I): SI for 1 year ¼ 1 o’kZ dk lk/kkj.k C;kt½
 6  6  12%
4. (c) Principal  Rs.2000 ,
Case (II): CI is compounded half
Amount  Rs.2420 yearly ¼pØo`f) C;kt v/kZokf’kZd la;ksftr gksrk gS½]
Rate%  10% 12
By using formula, Rate%   6%
2
n
 10  t  1 2  2
2420  2000 1  
 100  Effective Rate % for 2 half years ¼ 2.5
2420  1
n o’kksZ ds fy, izHkkoh nj½
 1   6 6
2000  10   66  12.36%
n
100
121  11 
  According to the questions,
100  10  (12.36  12)% of sum  Rs.36
2 n
 11   11  36
    1% of sum 
 10   10  0.36
n  2 years 36
100% of sum  100
Hence, Required time ¼vHkh’V le;½  2years 0.36
Alternate:  Rs.10000
Note: In such type of questions to save your 6. (a) Principal  Rs.2550
valuable time follow the given below method. 26  int allment
Rate%  4%  , Time  2 years
uksV% bl izdkj iz”ukaes eas vius cgqeYw ; le; ds cpr ds 25  principal
fy, vki uhps nh x;h fof/k dk iz;ksx dj ldrs gSA Principal : Installment (I)
Principal : Amount Ist  2526 2626
2000 : 2420
IInd  625 676
Ratio  100 : 121
1
Rate  10% 
10
Note: Installment will be same in both cases.
Principal Amount uksV% nksuksa fLFkfr;ksa eas fdLr cjkcj gksxhA
I st year  10 11
II nd  10 11

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 Naukri Aspirant
Lkiuks dks ns mM+ku
Principal : Installment Let sum  (20)3  8000
650 676 time  3 years
 Note: In this question time is 3 years hence so
625 676
for making calculation easier we assumed sum
8000 units.
According to the question,
uksV% bl iz”u eas pwfa d le; 3 o’kZ gS blfy, geus viuh
1275 units  Rs.2550
[Link] dks vklku cukus ds fy, ;ksx 8000 ;wfuV ekuk
2550 gSA
1 unit  Rs.
1275 According to the question,
676 units  Rs.
2550 61 units  Rs.36.60
1275 36.60  8000
8000 units  Rs.
7. (c) SI for 2years ¼ 2 o’kZ dk lk/kkj.k C;kt½ 61
 5  5  10% sum  Rs.4800
CI for 2years ¼ 2 o’kZ dk pØo`f) C;kt½ Hence, Required sum  Rs.4800
5 5 Alternate:
 55  10.25% Note: In such type of questions to save your
100
Difference ¼varj½  (10.25  10)%  0.25% valuable time follow the given below method.
uksV% bl izdkj ds iz”uksa eas vius cgqewY; le; ds cpr
0.25% of sum  Rs.15 ds fy, vki uhps nh x;h fof/k dk iz;ksx dj ldrs gSA
15 15 10000
sum  100 
0.25 25 Rate%  5%
sum  Rs.6000 Effective Rate of CI for 3 years ¼ 3 o’kZ ds fy,
Alternate: pØo`f) C;kt dh izHkkoh½  15.7625%
Note: In such type of questions always Effective Rate of SI for 3 years ¼ 3 o’kZ ds fy,
remember. The difference between CI and SI lk/kkj.k C;kt dh izHkkoh½  5  3  15%
r2 According to the questions,
for 2 years  %
100 (15.7625  15)% of sum  Rs.36.60
uksV% bl izdkj ds iz”uksa eas ;g /;ku j[ksa fd nks o’kZ dk
0.7625% of sum  Rs.36.60
r2
pØo`f) C;kt rFkk lk/kkj.k C;kt dk varj % gksxkA 36.60
100 sum  100  Rs.4800
0.7625
(5)2
Difference   0.25%
100 9. (c)
Hence, Required sum Principal : Amount Time (years)
15
 100  Rs.6000 1 : 2 6
0.25
  3
1
8. (d) 5%  28 18years
20

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 Naukri Aspirant
Lkiuks dks ns mM+ku
Amount (A1) Amount (A2) Amount (A3)
P 4500 6750
10.(a) 3 3
 
Amount (A1) Amount (A2) 2 2
2400 2520
120 2years 2years
3
P   4500
2
120 4500  2
% 100  5% P  Rs.3000
Required Rate 2400 3
11.(c) Amount ( A2)  Rs.4500, t1  2 years Hence, Required principal  Rs.3000
Amount ( A2)  Rs.6750, t 2  4 years
Let the Rate%  R%, Principal  Rs.P 12.(a) Principal (P)  Rs.1000,
According to the question, Amount (A)  Rs.1331, Rate%  20%
2 Let Required time  t years
 R 
4500  P 1   ................(i ) According to the question,
Case (I):  100 
Note: When interest is compounded half – yearly.
2
 R  uksV% ¼tc C;kt v/kZokf’kZd la;ksftr gksrk gS½
6750  P 1   ................(ii )
Case (II):  100  Rate% 
20
 10%
By dividing equation (ii), by equation (i) 2
lehdj.k (ii) esa lehdj.k (i) ls Hkkx djus ij½ Time  2t
2 By using formula,
6750  R 
 1    10 
2t

4500  100  1331  1000 1  

2  100 
3  R 
 1   ..................(iii ) 1331  11 
2t
2  100   
1000  10 
From equation (i) & (ii)
3 2t
3  11   11 
4500  P   P  Rs.3000    
2  10   10 
Hence, Required principal  Rs.3000 By equating both sides ¼nksuksa i{kksa dks cjkcj djus ij½
Alternate: 3
2t  3  t  years
Note: In such type of questions to save your 2
valuable time follow the given below method. 1
uksV% bl izdkj ds iz”ukas esa vius cgqewY; le; ds cpr t  1 years
2
ds fy, vki uhps nh x;h fof/k dk iz;ksx dj ldrs gSA
13. (b) Rate%  5%, time  3 years
Let principal  Rs.P
CI  Rs.252.20
According to the question,

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 Naukri Aspirant
Lkiuks dks ns mM+ku
Effective Rate% of CI for 3 years ¼ 3 o’kZ ds fy,
pØo`f) C;kt dh izHkkoh nj½ 1st year 2nd year
 15.7625% Note: In compound interest amount increase in
Effective Rate% of SI for 3 years ¼ 3 o’kZ ds fy, same ratio.
lk/kkj.k C;kt dh izHkkoh nj½ uksV% pØo`f) C;kt eas jkf”k cjkcj vuqikr eas c<+rh gSA
 5  3  15% 26
252.20 P  650
SI  15 25
Required 15.7625  Rs.240 650  25
P  Rs.625
14. (d) Note: For detailed solution check earlier 26
question solution of same type. Hence, required principal  Rs.625
uksV% foLr`r gy ds fy, igys ds iz”uksa ds gy dks ns[ksAa
4 4 1 26  amount
Rate% for 2 year CI  4  4   8.16% 17.(c) 4%  
100 25 25  principal
Rate% for 2 year SI  4  4  8% Time  2 years
Required difference  (8.16  8)%  0.16% Principal Amount
.16 25 26
Required difference  2500   Rs.4
100 25 26
Alternate: 625 676
For t  2 years  0.4  0.4
2 2
 R   4  250 270.40
CI  SI  P    2500  
 100   100   Rs.4 Hence, Required principal  Rs.250
1 1 9  amount
18. (b) Rate%  12 %  
R2 42 2 8 8  principal
15.(c) Required difference  % %  0.16%
100 100 Principal Amount
According to the question, 8 9
0.16% of sum  Rs.1 8 9
1
sum  100 64 81
0.16
17
 Rs.625

According to the question,

16.(c) Let the principal  P
17 units  Rs.510
According to the question,
1 unit  Rs.30
Amount (A1) Amount (A2) Amount (A2)
64 units  Rs.30  64  Rs.1920
P 650 676
Hence principal  Rs.1920
26 26
  1
25 25 SI for 2 years ¼ 2 o’kZ dk lk/kkj.k C;kt½  12  2  25%
2

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 Naukri Aspirant
Lkiuks dks ns mM+ku
1920  25 1
Required SI   Rs.480 %  100  100%
100 Required Rate 1
Hence, Required SI  Rs.480
Alternate: 21. (b) Rate %  4%, Time  2 years
Note: In such type of questions to save your
Difference between CI and SI  Rs.10
valuable time follow the given below method.
R 2 (4)2
uksV% bl izdkj ds iz”uksa eas vius cgqewY; le; ds cpr    0.16%
ds fy, vki uhps nh x;h fof/k dk iz;ksx dj ldrs gSA Difference 100 100
Let principal  (8)  64
2
0.16% of sum  Rs.10
10
Sum  100  Rs.6250
0.16
Hence required sum  Rs.6250

22.(b) Note: For detailed solution of such type of

question follow the solution of previous question,
uksV% bl izdkj ds iz”uksa ds foLr`r gy ds fy, fiNys iz”uksa
ds gyksa dks ns[ksaA
CI for 2 years  (8  8  1)  17units Let Principal  1 unit
SI for 2 years  (8  8)  16units Principal Amount Time (years)
According to the question, Case (I)  1 2 1 15
17 units  Rs.510  3  3
510 Case (II)  3
1 unit  Rs.  Rs.30 1 (2) 45years
17
16 units  Rs.30 16  Rs.480 Hence, required time  45years
23. (c) R1  4%, R2  5%, R3  6%
8 1 1 3
19. (d) Required sum  100  Rs.5000 4%  , 5%  , 6% 
0.16 25 20 50
20.(a) Let principal  1 unit
 Amount  1 8  8 units Principal Amount
According to the question, 25 26
Principal Amount 20 21
For 3 year  1
rd : 8 50 53
25000 28938
For 1st year  3 1 : 3 8
According to the question,
1 : 2 25000 units  10000
1
1 unit  10000  0.4
25000
3938 units  0.4  3938  Rs.1575.20

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 Naukri Aspirant
Lkiuks dks ns mM+ku

24.(b) Time (t)  2years , Rate%  4% ,

Effective Rate of CI for 2 years ¼o’kZ ds fy, pØo`f)
4 4
C;kt dh izHkkoh nj½  4  4   8.16%
100
Effective Rate of SI for 2 years ¼ 2 o’kZ ds fy,
lk/kkj.k C;kt dh izHkkoh nj½  8%
According to the question,
8.16% of sum  Rs.2448

1% of sum  Rs. 2448

8.16
8% of sum  2448  8  Rs.2400
8.16

25. (a) Principal  Rs.32000

CI  Rs.5044
Amount  Rs.(32000  5044)  Rs.37044
time  9 months, Let Rate  R%
Interest is being compounded quarterly ¼C;kt frekgh
la;ksftr gksrk gS½
9 4
time  3
12
Rate%  4R%
According to the question,

Principal : Amount
32000 : 37044
3 years  8000
rd : 9261
1st years  3 8000 : 3 9261
20 : 21
1

1
Required Rate%  100  5%
20
New Rate%  4R%  4  5  20%

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