1. Calculate the amount and compound interest on (a) Rs 10,800 for 3 years at 12.5% per annum compounded annually (b) Rs 18,000 for 2.5 years at 10% per annum compounded annually(c) Rs 62,500 for 1.5 years at 8% per annum compounded half yearly.(d) Rs 8,000 for 1 year at 9% per annum compounded half yearly(e) Rs 10,000 for 1 year at 8% per annum compounded half yearly. 2. Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan? 3. Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much? 4. I borrowed Rs 12,000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per annum compound interest, what extra amount would I have to pay? 5. Vasudevan invested Rs 60,000 at an interest
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