Question

12. Find the amount when -
1)Principal - ₹2000, Rate - 18% p.a., Time - 2 years
2)Principal - ₹7500, Rate -16%
Time = 4 years​

plz ans me fast

Answer 1

Answer:

1) ₹2,720

2) ₹12,300

Step-by-step explanation:

• 1

P= ₹2000

R= 18%, r=18/100

T = 2 years

A=?

We know that

A= P(1+rt)

A = 2000(1+(18/100)*2)

A=2000*34/25

A=₹2,720

. 2

P= ₹7500

R= 16%, r=16/100

T = 4years

A=?

We know that

A= P(1+rt)

A = 7500(1+(16/100)*4)

A=7500*41/25

A=₹12,300