Mathematics
A man lends ₹ 12500 at 12% for the first year, at 15% for the second year and at 18% for the third year. If the rates of interest are compounded yearly; find the difference between the C.I. of the first year and the compound interest for the third year.
Related Questions
A man invests ₹ 5600 at 14% per annum compound interest for 2 years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of the first year.
(iii) the interest for the second year, correct to the nearest rupee.
A man saves ₹ 3000 every year and invests it at the end of the year at 10% compound interest. Calculate the total amount of his savings at the end of the third year.
A man borrows ₹ 6000 at 5 percent C.I. per annum. If he repays ₹ 1200 at the end of each year, find the amount of the loan outstanding at the beginning of the third year.
A man borrows ₹ 5000 at 12 percent compound interest payable every six months. He repays ₹ 1800 at the end of every six months. Calculate the third payment he has to make at the end of 18 months to clear the entire the loan.