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1. 1.

   Ex 2(A) : 1. ₹ 16,000 is invested at 5% compound interest compounded per annum. Use the table, given below, to find the amount in 4 years.

   

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2. 2.

   Ex 2(A) : 2. Calculate the amount and the compound interest on:

   1. ₹ 6,000 in 3 years at 5% per year.
   2. ₹ 8,000 in 2½ years at 15% per annum.
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3. 3.

   Ex 2(A) : 3. Calculate the amount and the compound interest on:

   1. ₹ 4,600 in 2 years when the rates of interest of successive years are 10% and 12% respectively.
   2. ₹ 16,000 in 3 years, when the rates of the interest for successive years are 10%, 14% and 15% respectively.
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4. 4.

   Ex 2(A) : 4. Find the compound interest, correct ot the nearest rupee, on ₹ 2,400 for 2½ years at 5 percent per annum.

5. 5.

   Ex 2(A) : 5. Calculate the compound interest for the second year on ₹ 8,000/- invested for 3 years at 10% per annum.

6. 6.

   Ex 2(A) : 6. A borrowed ₹ 2,500 from B at 12% per annum compound interest. After 2 years, A gave ₹ 2,936 and a watch to B to clear the account. Find the cost of the watch.