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Chapter 9: InterestExercise 9 (A)Exercise 9 (B)Exercise 9 (C) Selina solutions for Concise Mathematics Class 8 ICSE Chapter 9 Interest Exercise 9 (A) [Page 106]Exercise 9 (A) | Q 1.1 | Page 106 Find the interest and the amount on: Exercise 9 (A) | Q 1.2 | Page 106 Find the interest and the amount
on: Exercise 9 (A) | Q 1.3 | Page 106 Find the interest and the amount on: Exercise 9 (A) | Q 1.4 | Page 106 Find the interest and the amount on: Exercise 9 (A) | Q 2 | Page 106 Rohit borrowed Rs. 24,000 at 7.5 percent per year. How much money will he pay at the end of the 4th years to clear his debt? Exercise 9 (A) | Q 3 | Page 106 The interest on a certain sum of money is Rs. 1,480 in 2 years and at 10 percent per year. Find the sum of money. Exercise 9 (A) | Q 4 | Page 106 On what principal will the simple interest be Rs. 7,008 in 6 years 3 months at 5% per year? Exercise 9 (A) | Q 5 | Page 106 Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum. Exercise 9 (A) | Q 6.1 | Page 106 At what rate per cent per annum will Rs. 630 produce an interest of Rs. 126 in 4 years ? Exercise 9 (A) | Q 6.2 | Page 106 At what rate, percent per year will a sum double itself in `6 1/4` years? Exercise 9 (A) | Q 7.1 | Page 106 In how many years will Rs.950 produce Rs.399 as a simple interest at 7%? Exercise 9 (A) | Q 7.2 | Page 106 Find the time in which Rs.1200 will amount to Rs.1536 at 3.5% per year. Exercise 9 (A) | Q 8 | Page 106 The simple interest on a certain sum of money is `3/8` of the sum in `6 1/4` years. Find the rate percent charged. Exercise 9 (A) | Q 9 | Page 106 What sum of money borrowed on 24th May will amount to Rs.10210.20 on 17th October of the same year at 5 percent per annum simple interest. Exercise 9 (A) | Q 10 | Page 106 In what time will the interest on a certain sum of money at 6% be `5/8` of itself? Exercise 9 (A) | Q 11 | Page 106 Ashok lent out Rs.7000 at 6% and Rs.9500 at 5%. Find his total income from the interest in 3 years. Exercise 9 (A) | Q 12 | Page 106 Raj borrows Rs.8,000; out of which Rs. 4500 at 5% and the remainder at 6%. Find the total interest paid by him in 4 years. Exercise 9 (A) | Q 13 | Page 106 Mohan lends Rs.4800 to John for `4 1/2` years and Rs.2500 to Shy am for 6 years and receives a total sum of Rs.2196 as interest. Find the rate percent per annum, it being the same in both the cases. Exercise 9 (A) | Q 14 | Page 106 John lent Rs. 2550 to Mohan at 7.5 percent per annum. If Mohan discharges the debt after 8 months by giving an old black and white television and Rs. 1422.50; find the price of the television. Selina solutions for Concise Mathematics Class 8 ICSE Chapter 9 Interest Exercise 9 (B) [Page 108]Exercise 9 (B) | Q 1 | Page 108 The interest on a certain sum of money is 0.24 times itself in 3 years. Find the rate of interest. Exercise 9 (B) | Q 2 | Page 108 If ₹ 3,750 amount to ₹ 4,620 in 3 years at simple interest. Find: Exercise 9 (B) | Q 3 | Page 108 A sum of money, lent out at simple interest, doubles itself in 8 years. Find : Exercise 9 (B) | Q 4 | Page 108 Rupees 4000 amount to Rs.5000 in 8 years; in what time will Rs.2100 amount to Rs.2800 at the same rate? Exercise 9 (B) | Q 5 | Page 108 What sum of money lent at 6.5% per annum will produce the same interest in 4 years as Rs.7500 produce in 6 years at 5% per annum? Exercise 9 (B) | Q 6 | Page 108 A certain sum amounts to Rs.3825 in 4 years and to Rs.4050 in 6 years. Find the rate percent and the sum. Exercise 9 (B) | Q 7 | Page 108 At what rate percent of simple interest will the interest on Rs.3750 be one-fifth of itself in 4 years? To what will it amount in 15 years? Exercise 9 (B) | Q 8 | Page 108 On what date will ₹ 1950 lent on 5th January 2011 amount to ₹ 2125.50 at 5 percent per annum simple interest? Exercise 9 (B) | Q 9 | Page 108 If the interest on Rs.2400 is more than the interest on Rs.2000 by Rs.60 in 3 years at the same rate percent; find the rate. Exercise 9 (B) | Q 10 | Page 108 Divide Rs. 15,600 into two parts such that the interest on one at 5 percent for 5 years may be equal to that on the other at `4 1/2` percent for 6 years. Selina solutions for Concise Mathematics Class 8 ICSE Chapter 9 Interest Exercise 9 (C) [Pages 114 - 115]Exercise 9 (C) | Q 1 | Page 114 A sum of Rs. 8,000 is invested for 2 years at 10% per annum compound interest. Calculate: Exercise 9 (C) | Q 2 | Page 114 A man borrowed Rs. 20,000 for 2 years at 8% per year compound interest. Calculate : Exercise 9 (C) | Q 3 | Page 114 Calculate the amount and the compound interest on Rs. 12,000 in 2 years and at 10% per year. Exercise 9 (C) | Q 4 | Page 114 Calculate the amount and the compound interest on Rs. 10,000 in 3 years at 8% per annum. Exercise 9 (C) | Q 5 | Page 114 Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively. Exercise 9 (C) | Q 6 | Page 114 Calculate the compound interest on Rs. 15,000 in 3 years; if the rates of interest for successive years be 6%, 8%, and 10% respectively. Exercise 9 (C) | Q 7 | Page 114 Mohan borrowed Rs. 16,000 for 3 years at 5% per annum compound interest. Calculate the amount that Mohan will pay at the end of 3 years. Exercise 9 (C) | Q 8 | Page 114 Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest. Calculate the interest paid by her for the second year. Exercise 9 (C) | Q 9 | Page 114 Calculate the compound interest for the second year on Rs. 15000 invested for 5 years at 6% per annum. Exercise 9 (C) | Q 10 | Page 114 A man invests Rs. 9600 at 10% per annum compound interest for 3 years. Calculate : Exercise 9 (C) | Q 11 | Page 114 A person invests Rs. 5,000 for two years at a certain rate of interest compounded annually. At the end of one year, this sum amounts to Rs. 5,600. Calculate : Exercise 9 (C) | Q 12 | Page 114 Calculate the difference between the compound interest and the simple interest on ₹ 7,500 in two years and at 8% per annum. Exercise 9 (C) | Q 13 | Page 114 Calculate the difference between the compound interest and the simple interest on ₹ 8,000 in three years and at 10% per annum. Exercise 9 (C) | Q 14 | Page 114 Rohit borrowed ₹ 40,000 for 2 years at 10% per annum C.I. and Manish borrowed the same sum for the same time at 10.5% per annum simple interest. Which of these two gets less interest and by how much? Exercise 9 (C) | Q 15 | Page 114 Mr. Sharma borrowed ₹ 24,000 at 13% p.a. simple interest and an equal sum at 12% p.a. compound interest. Find the total interest earned by Mr. Sharma in 2 years. Exercise 9 (C) | Q 16 | Page 114 Peter borrows ₹ 12,000 for 2 years at 10% p.a. compound interest. He repays ₹ 8,000 at the end of the first year. Find: Exercise 9 (C) | Q 17 | Page 114 Gautam takes a loan of ₹ 16,000 for 2 years at 15% p.a. compound interest. He repays ₹ 9,000 at the end of the first year. How much must he pay at the end of the second year to clear the debt? Exercise 9 (C) | Q 18 | Page 115 A certain sum of money invested for 5 years at 8% p.a.
simple interest earns an interest of ₹ 12,000. Find: Exercise 9 (C) | Q 19 | Page 115 Find the amount and the C.I. on ₹ 12,000 at 10% per annum compounded half-yearly. Exercise 9 (C) | Q 20 | Page 115 Find the amount and the C.I. on ₹ 8,000 in `1 1/2` years at 20% per year compounded half-yearly. Exercise 9 (C) | Q 21 | Page 115 Find the amount and the compound interest on ₹ 24,000 for 2 years at 10% per annum compounded yearly. Exercise 9 (C) | Q 22 | Page 115 Find the amount and the compound interest on ₹ 16,000 for 3 years at 5% per annum compounded annually. Exercise 9 (C) | Q 23 | Page 115 Find the amount and the compound interest on ₹ 20,000 for `1 1/2` years at 10% per annum compounded half-yearly. Exercise 9 (C) | Q 24 | Page 115 Find the amount and the compound interest on ₹ 32,000 for 1 year at 20% per annum compounded half-yearly. Exercise 9 (C) | Q 25 | Page 115 Find the amount and the compound interest on ₹ 4,000 in 2 years, if the rate of interest for the first year is 10% and for the second year is 15%. Exercise 9 (C) | Q 26 | Page 115 Find the amount and the compound interest on ₹ 10,000 in 3 years, if the rates of interest for the successive years are 10%, 15%, and 20% respectively.
Chapter 9: InterestExercise 9 (A)Exercise 9 (B)Exercise 9 (C) Selina solutions for Concise Mathematics Class 8 ICSE chapter 9 - InterestSelina solutions for Concise Mathematics Class 8 ICSE chapter 9 (Interest) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CISCE Concise Mathematics Class 8 ICSE solutions in a manner that help students grasp basic concepts better and faster. Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. Selina textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students. Concepts covered in Concise Mathematics Class 8 ICSE chapter 9 Interest are Concept of Compound Interest, To Find the Principle (P); the Rate Percent (R) and the Time, Interest Compounded Half Yearly, Applications of Compound Interest Formula, Concept of Principal, Interest, Amount, and Simple Interest. Using Selina Class 8 solutions Interest exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in Selina Solutions are important questions that can be asked in the final exam. Maximum students of CISCE Class 8 prefer Selina Textbook Solutions to score more in exam. Get the free view of chapter 9 Interest Class 8 extra questions for Concise Mathematics Class 8 ICSE and can use Shaalaa.com to keep it handy for your exam preparation How long will it take a certain sum of money to triple itself at 13 1/3 pet annum simple interest?= 15 years. Was this answer helpful?
How long it will take a certain sum of money to triple itself?A sum of money triples itself in 8 years.
How long will it take a certain sum of money to triple itself at 10% per annum simple interest?⇒T=x×152x×100=340=13. 3 years.
How long does it take for a sum of money to triple itself at a simple interest rate of 5% per annum?Detailed Solution
The sum of money triples itself. ∴ The number of years by which a sum will triple itself at 5% p.a is 40 years.
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