Selina Concise Mathematics Class 8 ICSE Solutions Chapter 9 Simple and Compound Interest
Simple and Compound Interest Exercise 9A – Selina Concise Mathematics Class 8 ICSE Solutions Question 1. Find the interest and the amount on: (i) ₹ 750 in 3 years 4 months at 10% per annum. (ii) ₹ 5,000 at 8% per year from 23rd December 2011 to 29th July 2012. (iii) ₹ 2,600 in 2 years 3 months at 1% per month. (iv) ₹ 4,000 in 1 1 3 years at 2 paise per rupee per month. Solution: Question 2. Rohit borrowed Rs. 24,000 at 7.5 percent per year. How much money will he pay at the end of 4th years to clear his debt ? Solution: Question 3. The interest on a certain sum of money is Rs. 1,480 in 2 years and at 10 per cent per year. Find the sum of money. Solution: Let P = Rs. x Time (T) = 2 years Rate (R) = 0% Question 4. On what principal will the simple interest be Rs. 7,008 in 6 years 3 months at 5% per year ? Solution: Question 5. Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum. Solution: Question 6. (i) At what rate per cent per annum will Rs...