The difference between SI and CI on a certain sum at R rate of interest for 4 and 5 years

Q.1.The difference in simple interest and compound interest on a certain sum of money in 2 years at 10 % p.a. is Rs. 50. The sum is

a) Rs. 10000

b) Rs. 6000

c) Rs. 5000

d) Rs. 2000

e) None of these

Q.2. The difference in simple interest and compound interest on a certain sum of money in 2 years at 18 % p.a. is Rs. 162. The sum is

a) Rs. 4000

b) Rs. 5200

c) Rs. 4250

d) Rs. 5000

e) None of these

Q.3. The compound interest on a certain sum of money for 2 years is Rs. 208 and the simple interest for the same time at the same rate is Rs. 200. Find the rate %.

a) 5 %

b) 6 %

c) 7 %

d) 4 %

e) 8 %

Q.4.The difference between compound interest and simple interest on a certain sum for 2 years at 10 % is Rs. 25. The sum is

a) Rs. 1200

b) Rs. 2500

c) Rs. 750

d) Rs. 1250

e) Rs. 2000

Q.5.The simple interest on a certain sum for 3 years in Rs. 225 and the compound interest on the same sum for 2 years is Rs. 165. Find the rate percent per annum.

a) 20 %

b) 2.5 %

c) 5 %

d) 15 %

e) 7.5%

Q.6.The simple interest on a sum of money for 2 years is Rs. 150 and the compound interest on the same sum at same rate for 2 years is Rs. 155. The rate % p.a. is

a) 16 %

b) 20/3 %

c) 12 %

d) 10 %

e) None of these

Q7.Mihir’s capital is 5/4 times more than Tulsi’s capital. Tulsi invested her capital at 50 % per annum for 3 years (compounded annually). At what rate % p.a. simple interest should Mihir invest his capital so that after 3 years, they both have the same amount of capital?

a) 20/3 %

b) 10 %

c) 50/3 %

d) 1.728 %

e) None of these

Q8.The difference in simple interest and compound interest on a certain sum of money in 3 years at 10 % p.a. is Rs. 372. The sum is

a) Rs. 8000

b) Rs.9000

c) Rs. 10000

d) Rs. 12000

e) None of these

Q9.Sahil’s capital is 1/6 times more than Chaya’s capital. Chaya invested her capital at 20 % per annum for 2 years (compounded annually). At what rate % p.a. simple interest should Sahil invest his capital so that after 2 years, they both have the same amount of capital?

a) 10%

b) 11 5/7%

c) 20%

d) 13 5/7%

e) None of these

Q10.The difference in simple interest and compound interest on a certain sum of money in 3 years at 20 % p.a. is Rs. 640. The sum is

a) Rs. 5000

b) Rs. 8500

c) Rs. 8250

d) Rs. 6000

e) None of these

Jump to

  • Compound Interest Exercise 14.1
  • Compound Interest Exercise 14.2
  • Compound Interest Exercise 14.3
  • Compound Interest Exercise 14.4
  • Compound Interest Exercise 14.5

  • Rational Numbers
  • Powers
  • Squares and Square Roots
  • Cube and Cube Roots
  • Playing with Numbers
  • Algebraic Expressions and Identities
  • Factorization
  • Division of Algebraic Expressions
  • Linear Equation in One Variable
  • Direct and Inverse Variations
  • Time and Work
  • Percentage
  • Profit Loss Discount and Value Added Tax
  • Compound Interest
  • Understanding Shapes Polygons
  • Understanding Shapes Quadrilaterals
  • Understanding Shapes Special Types Quadrilaterals
  • Practical Goemetry
  • Visualising Shapes
  • Area of Trapezium and Polygon
  • Volume Surface Area Cuboid Cube
  • Surface Area and Volume of Right Circular Cylinder
  • Classification And Tabulation Of Data
  • Classification And Tabulation Of Data Graphical Representation Of Data As Histograms
  • Pictorial Representation Of Data As Pie Charts Or Circle Graphs
  • Data Handling Probability
  • Introduction To Graphs

RD Sharma Solutions Class 8 Mathematics Solutions for Compound Interest Exercise 14.2 in Chapter 14 - Compound Interest

Question 36 Compound Interest Exercise 14.2

The difference between the compound interest and simple interest on a certain sum for 2 years at 7.5% per annum is Rs. 360. Find the sum.

Answer:

Given,

Time = 2 years

Rate = 7.5 % per annum

Let principal = Rs P

Compound Interest (CI) – Simple Interest (SI) = Rs 360

C.I – S.I = Rs 360

By using the formula,

P [(1 + R/100)^n - 1] – (PTR)/100 = 360

P [(1 + 7.5/100)^2 - 1] – (P(2)(7.5))/100 = 360

P[249/1600] – (3P)/20 = 360

249/1600P – 3/20P = 360

(249P-240P)/1600 = 360

9P = 360 × 1600

P = 576000/9

= 64000

∴ The sum is Rs 64000

Video transcript

hello everybody welcome to leader learning my name is rajna chaudhary and we have to write this statement in the equation form it is written that write equation for the statements for these statements so statement is one fourth of a number x minus g minus four gives four so one fourth of a number x would be one fourth of x that mean the value of this part is 1 by 4 of x then we have to minus 4 from it so let's minus 4 from it so minus 4 and gives gives means is equal to 4 so this is the equation for the statement we can write it like that at the place of off we can write multiply then minus 4 is equal to 4. we can also write it like x upon 4 minus 4 is equal to 4. so this is the form of equation for the statement i hope you understand the method see you in my next video don't forget to like comment and subscribe leader learning channel thank you for watching

Was This helpful?

How do you calculate the difference between S.I and CI for 4 years?

So, diff. betn CI and SI for 4th yr = 0.3456P - 0.2P = 0.1456P . Answer: Difference between Ci and SI for nth year, = (Pr /100) *[(1 +(r /100))n-1 -1] → 7280 = (20P/100) *[(1.2)3-1] → P = 50000.

What is the difference between S.I & CI?

The two ways are simple interest (SI) and compound interest (CI). Simple interest is basically the interest on a loan or investment. It is calculated on the principal amount. At the same time, Compound Interest is the interest calculated on interest.

What is the relation between S.I and CI?

Simple interest (S.I.) is the sum paid back for using the borrowed money, over a fixed period of time whereas compound interest (C.I.)is calculated when the sum principal amount exceeds the due date for payment along with the rate of interest, for a period of time.

What's the difference between the compound interest and the simple interest on a sum of Rs 9000 for 2 years at 5% per?

Detailed Solution. ∴ The difference between S.I. and C.I. for 2 years is Rs. 44.10.

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