Question

6. Anni opens a RD. A/C of $ 100 for 6 months at which gets intrest 10%, then the then the equila equivalent Principal for one month will be
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Answer 1

Answer:

Given: P=100,T(n)=12 months, R=10%

Equivalent principal for 12 months = 100×

2/n(n+1)

= 100× 2/12(13)

=50×12×13

Interest = 100

PRT= 100×12

50×12×13×10×1

= 65

Maturity amount = P×T + Interest

= 100×12+65

= Rs. 1265

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Answer 2

Answer:

P=100,T(n)=12 months, R=10%

Equivalent principal for 12 months = 100×

2

n(n+1)

= 100×

2

12(13)

=50×12×13

Interest =

100

PRT

=

100×12

50×12×13×10×1

= 65

Maturity amount = P×T + Interest

= 100×12+65

= Rs. 1265