Math, asked by boraboraanuja, 4 months ago

(10) Calculate the compound interest on 6750 for 3 yr at 1.5 per annum

Answers

Answered by madhurg40
0

Answer:

S.I=Rs.340,Time=2 years,R=4%

(i)Let the sum of money be rs.x

S.I=

100

PRT

⇒340=

100

x×4×2

⇒x=

4×2

340×100

=Rs.4250

(ii)C.I for Rs. 4250 for one year payable half-yearly

∴ T=1 year=2 half year,Rate=

2

4

=2%

A=P(1+

100

R

)

T

⇒4250(1+

100

2

)

2

⇒4250(

100

102

)

2

⇒4250×

50

51

×

50

51

=4421.70

C.I=A−P

⇒4421.70−4250=Rs.171.70

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