8th Compound Interest CBSE Summative Assignments
1. Find the amount and compound interest on Rs8000for 1year at 10 %per annum, compounded half yearly. 2. A certain sum amounts to Rs72900in 2 years at 8 %per annum compound interest, compounded annually. Find the sum 3.Three years ago, Beeru purchased a buffalo from Surjee for Rs11000. What payment will discharge his debt now if the rate of interest being 10%per annum compounded annually? 4. Find the difference between the simple interest and the compound interest on Rs5000 for 2yearsat 6% per annum. 5. Find the compound interest on Rs125000f or 9 months 0n 8%per annum, compounded quarterly. 6. Sudershan deposited Rs32000in a bank, where the interest is credited quarterly. If the rate of interest be 5% annum, what amount will he receive after 6 months? 7. Neeraj lent Rs 65536 for 2 years at 12%per annum, compounded annually. How much more could he earn if the interest were compound...