Question

10. Rs 10,800 for 3 years at 12-% per annum
12
compounded annually. Calculate the amount and
compound interest.
(a) Amount=Rs 70,304; CI=Rs 7,804
(6) Amount = Rs 15,377.34; CI=Rs 4,577.34
C) Amount = Rs 15,304; CI= Rs 7,804
(d) Amount = Rs 70,304; CI=Rs 7,804.75​

Answer 1

Answer:

(d) Amount = Rs 70,304; CI=Rs 7,804.75

Step-by-step explanation:

ʀs , ғᴏʀ ʏᴇᴀʀs ᴀᴛ -% ᴘᴇʀ ᴀɴɴᴜᴍ

ᴄᴏᴍᴘᴏᴜɴᴅᴇᴅ ᴀɴɴᴜᴀʟʟʏ. ᴄᴀʟᴄᴜʟᴀᴛᴇ ᴛʜᴇ ᴀᴍᴏᴜɴᴛ ᴀɴᴅ

ᴄᴏᴍᴘᴏᴜɴᴅ ɪɴᴛᴇʀᴇsᴛ.

(ᴀ) ᴀᴍᴏᴜɴᴛ=ʀs ,; ᴄɪ=ʀs ,

() ᴀᴍᴏᴜɴᴛ = ʀs ,.; ᴄɪ=ʀs ,.

ᴄ) ᴀᴍᴏᴜɴᴛ = ʀs ,; ᴄɪ= ʀs ,

(ᴅ) ᴀᴍᴏᴜɴᴛ = ʀs ,; ᴄɪ=ʀs ,.

Answer 2

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