Question

3.Find the amount,Principal = 4000/-, Rate = 7.5% (p.c.p.a), Duration (n) = 2 years​

Answer 1

Answer:

ptr/100

4000×7.5×2/100

600

Answer 2

Answer:

Given:-

Find the amount; If Principal = 4,000/-, Rate = 7.5% ( p.a. per annum ), Duration ( n ) = 2 years.

To Find:-

The amount

Note:-

●》Amount = Principal + Interest.

●》For finding interest ( for getting amount ) = $\frac{Principal × Rate × Time ( duration ) }{100}$.

Solution:-

Principal = ₹4,000, Rate = 7.5%, Time ( duration ) = 2 years, Amount = ?

☆ According to note first point~

▪︎$Amount = Principal + Interest$

Interest = ?

☆ According to note second point~

▪︎$Interest = \frac{Principal × Rate × Time}{100}$

▪︎$Interest = ₹ \frac{4,000 × 7.5 × 2}{100}$

▪︎$Interest = ₹ \frac{60,000}{100}$

☆ After doing division ( two zeros will be canceled )~

▪︎$Interest = ₹ 600$

Hence we find interest; So, amount~

▪︎$Amount = Principal + Interest$

▪︎$Amount = ₹4,000 + ₹600$

☆ After doing calculations~

▪︎$Amount = ₹4,600$

Answer:-

Hence, the amount in 2 years will be = ₹4,600.

:)