2. Calculate the amount and the compound
interest on:
w) 8,000 in 5/2 years at 15% per annum
Answers
Answered by
4
Answer:
it's Utkarsh Pratham
ok....if it helps you then mark me brainliest
Step-by-step explanation:
See,
given,
P=800
T=5/2 yrs
R=15%
now,
Given
P=₹8000
R=15%p.a.
T=2yr and 4 months
So first we will calculate for 2 yrs
A= p(1+r/100)^n
A=8000(1+15/100)²
A=8000(115/100)²
A=8000 x 115/100 x 115/100
A=8x115x115x/10
A=₹10580
Now for next 4 months rate will be according to time
Interest = pxrxt /100
Here P= amount we got after 2 years I.e. =10580
R=5%
T=1
=10580x5x1/100
=₹529
Amount after 2yr and 4 months =10580+529
=₹11109
Compound interest = amount - principal
=11109-8000
=₹3109
hopes,
if it helps then please mark me brainliest
Answered by
1
Answer:
Amount = 8000× (1+15/100)²(1+7.5/100)
=> 8000×115/100×115/100×107.5/100
=> 11373500/1000 => 1137.50
compound interest = 11373.50- 8000 => 3373.50
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