Chapter 6 | Compound Interest | Class-8 DAV Secondary Mathematics

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DAV SOLUTIONS CLASS 8 Secondary Mathematics || Compound Interest

Compound Interest|| Unit 6 Worksheet 2

1. Compute the compound interest on ₹5,000 for 1½ years at 16% p.a. compounded half-yearly.

2. Find the compound interest on ₹15,625 at 16% p.a. for 9 months when compounded quarterly.

3. Rohit deposited ₹ 10,000 in a bank for 6 months. If the bank pays compound interest at 12% p.a. reckoned quarterly, find the amount to be received by him on maturity.

4. Find the difference between the compound interest on ₹25,000 at 16% p.a. for 6 months compounded half-yearly and quarterly respectively. Which option is better?

5. Bela borrowed ₹25,000 from a finance company to start her boutique at 20% p.a. compounded half-yearly. What amount of money will clear her debt after 1½ years?

• DAV class 8 Maths Book Solutions
• Chapter 1 | Square and Square Roots | Class-8 DAV Secondary Mathematics
• Chapter 2 | Cube and Cube Roots | Class-8 DAV Secondary Mathematics
• Chapter 3 | Exponents And Radicals | Class-8 DAV Secondary Mathematics
• Chapter 4 | Direct And Inverse Variation | Class-8 DAV Secondary Mathematics
• Chapter 5 | Profit, Loss And Discount | Class-8 DAV Secondary Mathematics
• Chapter 6 | Compound Interest | Class-8 DAV Secondary Mathematics
• Chapter 7 | Algebraic Identities | Class-8 DAV Secondary Mathematics
•  Chapter 8 | Polynomials | Class-8 DAV Secondary Mathematics
• Chapter 9 | Linear Equations In One Variable | Class-8 DAV Secondary Mathematics
• Chapter 10 | Parallel Lines | Class-8 DAV Secondary Mathematics
• Chapter 11 | Understanding Quadrilaterals | Class-8 DAV Secondary Mathematics
• Chapter 12 | Construction Of Quadrilaterals | Class-8 DAV Secondary Mathematics
• Chapter 13 | Introduction To Graphs | Class-8 DAV Secondary Mathematics
• Chapter 14 | Mensuration | Class-8 DAV Secondary Mathematics
• Chapter 15 | Statistics and Probability | Class-8 DAV Secondary Mathematics
• Chapter 16 | Rotational Symmetry | Class-8 DAV Secondary Mathematics