Skip to content
Philoid
Browse Saved
Back to chapter
Maths
14. Compound Interest
Home · Class 8 · Maths · Ref. Book · 14. Compound Interest
Prev
Next
Q1 of 89 Page 14

On what sum will the compound interest at 5% per annum for 2 years compounded annually be Rs 164?

Given,


Rate of interest= 5% p.a


Time = 2 years


Compound interest = Rs.164


Let principal = P


By applying formula ,


Compound interest =


=


=


=


= P


Hence,


Principal = Rs. 1600.


More from this chapter

All 89 →
21

Simple interest on a sum of money for 2 years at 6% per annum is Rs. 5200. What will be the compound interest on the sum at the same rate for the same period.

22

What will be the compound interest at the rate of 5% per annum for 3 years on that principal which in 3 years at the rate of 5% per annum gives Rs. 1200 as simple interest,

2

Find the principal if the interest compounded annually at the rate of 10% for two years is Rs. 210.

3

A sum amounts to Rs. 756.25 at 10% per annum in 2 years, compounded annually. Find the sum .

Questions · 89
14. Compound Interest
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8
Back to chapter
ADVERTISEMENT
About Contact Privacy Terms
Philoid · 2026
  • Home
  • Search
  • Browse
  • Quiz
  • Saved