1 find the compound interest and amount of the following (a) principal=Rs 93750 rate= 6% time=2years
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Answer :
Given : Principal (P) = Rs. 93750
Rate (R) = 6%
Time (T) = 2years
Amount (A) = P[1+R/100] to the power time (T)
A = 93750[1+6/100]²
A = 93750[1+3/50]²
A = 93750[50+3/50]²
A = 93750[53/50]²
A = 93750 × 53/50 × 53/50
A = 9375 × 53/50 × 53/5
A = 26334375/250
A = 105337. 5
Now, Compound Interest
C.I = A - P
= 105337. 5 - 93750
= 11587. 5
★ BE BRAINLY ★
Given : Principal (P) = Rs. 93750
Rate (R) = 6%
Time (T) = 2years
Amount (A) = P[1+R/100] to the power time (T)
A = 93750[1+6/100]²
A = 93750[1+3/50]²
A = 93750[50+3/50]²
A = 93750[53/50]²
A = 93750 × 53/50 × 53/50
A = 9375 × 53/50 × 53/5
A = 26334375/250
A = 105337. 5
Now, Compound Interest
C.I = A - P
= 105337. 5 - 93750
= 11587. 5
★ BE BRAINLY ★
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Answered by
7
Given : Principal (P) = Rs. 93750
Rate (R) = 6%
Time (T) = 2years
Amount (A) = P[1+R/100] to the power time (T)
A = 93750[1+6/100]²
A = 93750[1+3/50]²
A = 93750[50+3/50]²
A = 93750[53/50]²
A = 93750 × 53/50 × 53/50
A = 9375 × 53/50 × 53/5
A = 26334375/250
A = 105337. 5
Now, Compound Interest
C.I = A - P
= 105337. 5 - 93750
= 11587. 5
Rate (R) = 6%
Time (T) = 2years
Amount (A) = P[1+R/100] to the power time (T)
A = 93750[1+6/100]²
A = 93750[1+3/50]²
A = 93750[50+3/50]²
A = 93750[53/50]²
A = 93750 × 53/50 × 53/50
A = 9375 × 53/50 × 53/5
A = 26334375/250
A = 105337. 5
Now, Compound Interest
C.I = A - P
= 105337. 5 - 93750
= 11587. 5
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