Compound Interest L1

Q1. A sum of Rupees 20,000 is borrowed by Heena for 2 years at an interest of 8% compounded
annually. Find the Compound Interest (C.I.) and the amount she has to pay at the end of 2 years.

Q4. The population of the city was 20,000 in the year 1997. It increased at the rate of 5% p.a. Find the population at the end of the year 2000.

Q5. What amount is to be repaid on a loan of Rupees 12000 for one and half years at 10% per annum compounded half yearly.

Q6. A TV was bought at a price of Rupees 21,000. After one year the value of the TV was depreciated by 5%. Find the value of the TV after two years.