Maharashtra Board for Class 8, Maths Chapter 14

Class 8: Maths Chapter 14 solutions. Complete Class 8 Maths Chapter 14 Notes.

Contents

1 Maharashtra Board Solutions Class 8-Maths (Practice Set 14.2): Chapter 14- Compound Interest
2 Download PDF
3 Chapterwise Maharashtra Board Solutions Class 8 Maths :
4 FAQs
5 About Maharashtra State Board (MSBSHSE)

Maharashtra Board Solutions Class 8-Maths (Practice Set 14.2): Chapter 14- Compound Interest

Maharashtra Board 8th Maths Chapter 14, Class 8 Maths Chapter 14 solutions

Question 1. On the construction work of a flyover bridge there were 320 workers initially. The number of workers were increased by 25% every year. Find the number of workers after 2 years.
Solution:
Here, P = Initial number of workers = 320
R = Increase in the number of workers per year = 25%
N = 2 years
A = Number of workers after 2 years

∴ The number of workers after 2 years would be 500.

Question 2.
A shepherd has 200 sheep with him. Find the number of sheeps with him after 3 years if the increase in number of sheeps is 8% every year.
Solution:
Here, P = Present number of sheeps = 200
R = Increase in number of sheeps per year = 8%
N = 3 years
A = Number of sheeps after 3 years

= 0.3225×27×27×27
= 0.0128 × 27 × 27 × 27
= 251.9424
= 252
∴ The number of sheeps with the shepherd after 2 years would be 252 (approx).

Question 3.
In a forest there are 40,000 trees. Find the expected number of trees after 3 years if the objective is to increase the number at the rate 5% per year.
Solution:
Here, P = Present number of trees in the forest = 40,000
R = Increase in the number of trees per year = 5%
N = 3 years
A = Number of trees after 3 years

= 5 × 21 × 21 × 21
= 5 × 9261
= 46,305
∴ The expected number of trees in the forest after 3 years is 46,305.

Question 4.
The cost price of a machine is Rs 2,50,000. If the rate of depreciation is 10% per year, find the depreciation in price of the machine after two years.
Solution:
Here, P = Cost price of machine = Rs 2,50,000
R = Rate of depreciation per year = 10%
N = 2 years
A = Depreciated price of the machine after 2 years

= 2,500 × 81
= Rs 2,02,500
Depreciation in price = Cost price (P) – Depreciated price (A)
= 2,50,000 – 2,02,500
= Rs 47,500
∴ The depreciation in price of the machine after 2 years would be Rs 47,500.

Question 5.
Find the compound interest if the amount of a certain principal after two years is Rs 4036.80 at the rate of 16 p.c.p.a.
Solution:
Here, A = Rs 4036.80, R = 16 p.c.p.a. and N = 2 years
i. A=P[1+R100]N

ii. Interest = Amount (A) – Principal (P)
= 4036.80 – 3000
= Rs 1036.80
∴ The compound interest after 2 years would be Rs 1036.80.

Question 6.
A loan of Rs 15,000 was taken on compound interest. If the rate of compound interest is 12 p.c.p.a. find the amount to settle the loan after 3 years.
Solution:
Here, P = Rs 15,000, R = 12 p.c.p.a, and
N = 3 years

∴ The amount required to settle the loan after 3 years is Rs 21,073.92.

Question 7.
A principal amounts to Rs 13,924 in 2 years by compound interest at 18 p.c.p.a. Find the principal.
Solution:
Here, A = Rs 13,924, R = 18 p.c.p.a., and N = 2 years

∴ P = 4 x 50 x 50
∴ P = Rs 10,000
∴ The principal is Rs 10,000.

Question 8.
The population of a suburb is 16,000. Find the rate of increase in the population if the population after two years is 17,640.
Solution:
Here, P = Population of a suburb = 16,000
N = 2 years
A = Increase in the population after 2 years = 17,640
R = Rate of increase in population

∴5 = R
i.e., R = 5%
∴The rate of increase in the population is 5 p.c.p.a.

Question 9.
In how many years Rs 700 will amount to Rs 847 at a compound interest rate of 10 p.c.p.a.
Solution:
Here, P = Rs 700, R = 10 p.c.p.a., A = Rs 847

∴Rs 700 will amount to Rs 847 in 2 years.

Question 10.
Find the difference between simple interest and compound interest on Rs 20,000 in 2 years at 8 p.c.p.a.
Solution:
Here, P = Rs 20,000, R = 8 p.c.p.a.,
N = 2 years
i. Simple interest (I)

Simple interest (I) = Rs 3200

ii. Compound Interest (I):

= 32 × 27 × 27
= Rs 23,328
Compound interest (I)
= Amount (A) – Principal (P)
= 23,328 – 20,000
= Rs 3328 ,..(ii)

iii. Difference
= Compound interest – Simple interest
= 3328 – 3200 … [Form (i) and (ii)]
= Rs 128
∴ The difference between compound interest and simple interest is Rs 128.
[Note: The question is modified as per the answer given in the textbook.]

Intext Questions and Activities

Question 1.
Visit the bank nearer to your house and get the information regarding the different schemes and rates of interests. Make a chart and display in your class. (Textbook pg. no. 90)
Solution:
(Students should attempt this activity at their own.)

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Maharashtra Board Solutions Class 8-Maths (Practice Set 14.2): Chapter 14- Compound Interest

Download PDF: Maharashtra Board Solutions Class 8-Maths (Practice Set 14.2): Chapter 14- Compound Interest PDF

Chapterwise Maharashtra Board Solutions Class 8 Maths :

FAQs

Where do I get the Maharashtra State Board Books PDF For free download?

You can download the Maharashtra State Board Books from the eBalbharti official website, i.e. cart.ebalbharati.in or from this article.

How to Download Maharashtra State Board Books?

Students can get the Maharashtra Books for primary, secondary, and senior secondary classes from here. You can view or download the Maharashtra State Board Books from this page or from the official website for free of cost. Students can follow the detailed steps below to visit the official website and download the e-books for all subjects or a specific subject in different mediums.
Step 1: Visit the official website ebalbharati.in
Step 2: On the top of the screen, select “Download PDF textbooks”
Step 3: From the “Classes” section, select your class.
Step 4: From “Medium”, select the medium suitable to you.
Step 5: All Maharashtra board books for your class will now be displayed on the right side.
Step 6: Click on the “Download” option to download the PDF book.

Who developed the Maharashtra State board books?

As of now, the MSCERT and Balbharti are responsible for the syllabus and textbooks of Classes 1 to 8, while Classes 9 and 10 are under the Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE).

How many state boards are there in Maharashtra?

The Maharashtra State Board of Secondary & Higher Secondary Education, conducts the HSC and SSC Examinations in the state of Maharashtra through its nine Divisional Boards located at Pune, Mumbai, Aurangabad, Nasik, Kolhapur, Amravati, Latur, Nagpur and Ratnagiri.

About Maharashtra State Board (MSBSHSE)

The Maharashtra State Board of Secondary and Higher Secondary Education or MSBSHSE (Marathi: महाराष्ट्र राज्य माध्यमिक आणि उच्च माध्यमिक शिक्षण मंडळ), is an autonomous and statutory body established in 1965. The board was amended in the year 1977 under the provisions of the Maharashtra Act No. 41 of 1965.

The Maharashtra State Board of Secondary & Higher Secondary Education (MSBSHSE), Pune is an independent body of the Maharashtra Government. There are more than 1.4 million students that appear in the examination every year. The Maha State Board conducts the board examination twice a year. This board conducts the examination for SSC and HSC.

The Maharashtra government established the Maharashtra State Bureau of Textbook Production and Curriculum Research, also commonly referred to as Ebalbharati, in 1967 to take up the responsibility of providing quality textbooks to students from all classes studying under the Maharashtra State Board. MSBHSE prepares and updates the curriculum to provide holistic development for students. It is designed to tackle the difficulty in understanding the concepts with simple language with simple illustrations. Every year around 10 lakh students are enrolled in schools that are affiliated with the Maharashtra State Board.