COMMERCIAL MATHEMATICS - PART - 10

Ms. Suba invests Rs. 46,875 at 4% per annum compound interest for 3 years. Calculate (i) the interest for the first year (ii) the amount standing to her credit at the end of the second year and (iii) the interest for the third year.

COMMERCIAL MATHEMATICS - PART - 09

Mr. Peter saves Rs. 5000 every year and invests it at the end of the year at 10% p.a compound interest. Calculate the total amount of his saving at the end of the third year.

COMMERCIAL MATHEMATICS - PART - 08

Mr. Kumar borrows Rs. 16000 at 10% compound interest payable every six months. He repays Rs. 5000 at the end of every six months. Calculate the third payment he has to make at the end of 18 months in order to clear the entire loan.

COMMERCIAL MATHEMATICS - PART - 07

Mr. John borrows Rs. 40,000 at 12% C.I. If he repays Rs. 16,800 at the end of first year and Rs. 19,360 at the end of second year, find the amount of loan outstanding at the beginning of the third year.

COMMERCIAL MATHEMATICS - PART - 06

Mr. Raja invested Rs. 6000 every year at the beginning of the year, at 10 percent per annum compound interest. Calculate the amount of his total savings: (i) upto at the end of second year and (ii) at the beginning of the third year.

COMMERCIAL MATHEMATICS - PART - 05

Calculate compound interest due in two and half years on rupees 6000, at 10 percent compounded annually.