BUSINESS MATHEMATICS AND STATISTICS

UNIT – I
Compound Interest
Question No.01:-
Calculation of Formula
Formula for Simple Interest and Compound Interest:
 n 
r 
Simple Interest Compound Interest (CI)  P  1    1
  100  
n
Calculation of Formula  r 
Amount or Total Amount (A)  P 1  
 100 
P*N *R
Simple Interest (SI)  1. If CI is given in sum
100
CI
 N *R   n
Amount or Total Amount (A)  P 1    r 
 100   1   1
 100 
Principal amount (P)
2. If A is given in sum
Amount or Total Amount (A)  P  SI
A
 n
100* SI  r 
Principal amount (P)   1  
N *R  100 
100* SI
No. of years (N) 
P*R
100* SI Problem No.01:- (Calc. of SI)
Rate of Interest (R) 
P*N
Find the Simple Interest on the sum of Rs.5,000/- at 5% per annum for
5 years.

Problem No.02:-

Find the Simple Interest on the sum of Rs.6,000/- at 10% per annum
for 6 months.
Problem No.03:- Problem No.10:- (Calc. of Rate of Interest)

Calculate the SI for Rs.1,000/- to 92 days at 6% per annum. If a term deposit of Rs.4,000/- earns an interest of Rs.2,500/- in 50
months, Find the rate of interest.
Problem No.04:- (Calc. of Total Amount)
Problem No.11:-
Calculate the total amount that will be received from the debtor when
the principal Rs.10,000/- is lent (give someone to loan) to him on A deposit of Rs.500/- fetches (get) an interest of Rs.300/- in 5 years.
interest for 4 years at 9% per annum. What is the rate of interest?

Problem No.05:- Problem No.12:- (Calc. of CI)

Find the SI which will final amount is Rs.14,000/- and Principal Find the Compound Interest on Rs.20,000/- for 5 years at 20% per
amount is Rs.10,000/-. annum. What will be the Simple Interest in the above case?

Problem No.06:- (Calc. of Principal Amount) Problem No.13:- (Calc. of Total Amount)

What principal will produce Rs.50.50/- interest in 3 years at 4.5% per Mr. Ramesh borrows Rs.1,00,000/- at 24% compounded monthly.
annum simple interest? Find the amount he has to repay at the end of 3 years.

Problem No.07:- Problem No.14:- (Calc. of P → If CI is given in sum)

Find the sum which will yield an interest Rs.324/- in 3 years at 4% per What principal amount lent at 10% p.a. compound interest will fetch
annum simple interest. Rs.630/- as interest in 2 years?

Problem No.08:- (Calc. of No. of years) Problem No.15:- (Calc. of P → If A is given in sum)

Rs.6,000/- amounts to Rs.8,940/- at 14% p.a. interest. Find the number A certain sum deposited in a bank at 15% p.a. compounded monthly
of years for which the amount was lent. amounts to Rs.42,143.63/- at the end of 5 years. Find the Principal.

Problem No.09:-
Question No.02:-
A term deposit of Rs.7,500/- amounts to Rs.10,706.25/- at a SI of
1 Calculate the Compound Interest in (a) Compounded quarterly and
13 % per annum. Find the period of the deposit.
2 (b) Compound half-yearly for Rs.2,500/- for 4 years at 8% per annum.
Question No.03:-

Find the derivative of y  (3x  2) ( x2  1)

Question No.04:-

Investigate maxima and minima of the function 2x3  3x2  36x  10

UNIT – II