Compound Interest Class-9 RS Aggarwal ICSE Mathematics Solutions Goyal Brothers Prakashan Chapter-2. We provide step by step Solutions of Exercise / lesson-2 Compound Interest for ICSE Class-9 RS Aggarwal Mathematics .
Our Solutions contain all type Questions with Exe-2 A, Exe-2 B and Exe-2 C to develop skill and confidence. Visit official Website CISCE for detail information about ICSE Board Class-9 Mathematics.
Board | ICSE |
Publications | Goyal brothers Prakshan |
Subject | Maths |
Class | 9th |
Chapter-2 | Compound Interest |
Writer | RS Aggrawal |
Book Name | Foundation |
Topics | Solution of Exe-2 A, Exe-2 B and Exe-2 C to develop skill and confidence |
Academic Session | 2021-2022 |
Compound Interest Class-9 RS Aggarwal ICSE Mathematics Solutions Goyal Brothers Prakashan Chapter-2
–: Select Topics :–
Note:- Before viewing Solution of Chapter -2 Compound Interest Class-9 of RS Aggarwal Solutions. Read the Chapter Carefully then solve all example given in Exe-2 A, Exe-2 B and Exe-2 C . For more practice on The Compound Interest Visit ML Aggarwal Compound Interest Solutions or Selina Publishers Concise Compound Interest (Without using formula) , and Visit Compound Interest (Using Formula) Solutions ICSE Class-9 Mathematics Selina Solutions Chapter Also.
Compound Interest Definition
Compound interest is the interest calculated on the principal and the interest accumulated over the previous period. It is different from the simple interest where interest is not added to the principal while calculating the interest during the next period. Compound interest finds its usage in most of the transactions in the banking and finance sectors and also in other areas as well. Some of its applications are:
- Increase or decrease in population.
- The growth of bacteria.
- Rise or depreciation in the value of an item.
Compound Interest Maths
To understand the compound interest we need to do its Mathematical calculation. To calculate compound interest we need to know the amount and principal. It is difference between amount and principal.
Compound Interest Formula
The compound interest formula is given below:
Compound Interest = Amount – Principal
Where the amount is given by:
Compound Interest Maths
To understand the compound interest we need to do its Mathematical calculation. To calculate compound interest we need to know the amount and principal. It is difference between amount and principal.
Compound Interest Formula
The compound interest formula is given below:
Compound Interest = Final Amount –original Principal
Let us get to know the values of Amount and Interest in case of Compound Interest for different years-
Time (in years) | Amount | Interest |
1 | P(1 + R/100) (R/100) | PR100 |
2 | P(1+R100)2 | P(1 + R/100) (R/100) |
3 | P(1+R100)3 | P(1 + R/100)2 (R/100) |
4 | P(1+R100)4 | P(1 + R/100)3 (R/100) |
n | P(1+R100)n | P(1 + R/100)n-1 (R/100 |
Exe-2 A Compound Interest Class-9 RS Aggarwal ICSE Mathematics Solutions Goyal Brothers Prakashan
Page 24
Questions-1
Calculate………….annually.
Questions-2
Rohit……….years.
Questions-3
A man ……..Year.
Questions-4
Sudhakar ……….year.
Questions-5
A man ……………year.
Questions-6
calculate………………anum.
Questions-7
calculate………………anum.
Questions-8
calculate………………respectively.
Questions-9
calculate………….respectively
Questions-10
peter………………………2 years
Questions-11
find………………….half yearly.
Questions-12
find………………….half yearly.
Principal (P)= Rs 64000
Rate = 15% P A or 15/2 % Half Yearly
Questions-13
the simple interest………..find
………….
Compound Interest Exe-2 B for ICSE Class-9 RS Aggarwal Solutions Goyal Brothers Prakashan
Page 30-31
Questions-1
calculate………………annually
Questions-2
calculate………………annually
Questions-3
how……………..respectively
Questions-4
calculate………………annually
Questions-5
find………………annually
Questions-6
if…………………rate
Questions-7
calculate……………..half yearly
Questions-8
find……………..half yearly
Questions-9
the simple………………find…..
Questions-10
what ……………..annually
Questions-11
what ……………..annually
Questions-12
on…………………7488
Questions-13
………difference……………..sum
Difference between C I and S I =Rs 216
Rate (R) = 12%
Questions-14
………difference……………..sum
Questions-15
………difference……………..sum
Questions-16
at what……………….7290………..
Questions-17
at what…………….annually.
Questions-18
in what…………………….annually
Questions-19
a certain sum………….annum.
ICSE RS Aggarwal Solutions of Exercise -2 C Compound Interest Class-9 Goyal Brothers Prakashan
Page 34-35
Questions-1
a town……………….3 year.
Questions-2
…population…………………find…
Questions-3
…population…………………find…
Questions-4
three…………………city…….
Questions-5
a farmer………………….ago
Questions-6
the population………………3 years
Questions-7
a mango…………………planted.
Questions-8
two year………………….now
Questions-9
the count………….3 hours.
Questions-10
in factory……………..annum.
Questions-11
amit…………………years
Questions-12
…value………………….find
Questions-13
a refrigerator……………………find
Questions-14
a machine…………find
Answer-14
rate of depreciation of machine =8%
Value at the end of 2015= Rs 57500
Questions-15
the value……………….price.
–: End of Compound Interest Class-9 RS Aggarwal Solutions :–
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