Math, asked by JuniorPro, 8 months ago

2. Find the amount from the investment of 4,500 for two years at 5 paise per rupee
interest.in long mathod
Solution:
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Answers

Answered by Anonymous
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Given :

Investment of Rs. 4500 at 5 paise per rupee interest for 2 years.

To Find :

Final amount after maturity for 2 years.

Solution :

100 paisa = 1 Rupee

Converting 5 paisa to rupee.

5 paisa = = 0.05 Rupee

∵ Interest will be paid per rupee = 0.05 rupee

∴ for 4500 Rs. interest will be paid = 4500 × 0.05

                                                         = 225 Rs.

∴ For two years interest will be = 225 × 2

                                                  = 450 Rs.

Final amount = Principal amount + Interest

                     = 4500 + 450

                     = 4950 Rs.

Final amount from the investment of 4500 Rs. would be 4950 Rs

Hope it helps.

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