Proportional Reasoning-2 — Class 8 solved problems
2 problems from this chapter, each solved step by step.
- Find the compound interest on Rs 10,000 at 10% per annum for 2 years, compounded annually.
The compound interest is Rs 2,100.
- So I had ₹100 and in six years became ₹300 assuming there was a equal growth every year equal percentage growth so what's the annual CAGR
The annual CAGR is approximately 20.09%.
More Class 8 chapters
- A Square and A Cube1 solved
- Power Play3 solved
- A Story of Numbers7 solved
- Quadrilaterals3 solved
- Number Play1 solved
- We Distribute, Yet Things Multiply1 solved
- Proportional Reasoning-114 solved
- The Baudhayana-Pythagoras Theorem4 solved
- Exploring Some Geometric Themes2 solved
- Algebra Play4 solved
- Area2 solved