Question

6. What sum will amount to 23600 at 9% per annum at the end of 2 years?​

Answer 1

Given:-

• Sum will amount to 23,600
• Per annum at the end of 2 years

To find:-

• What will be the amount

Solution:-

Principal = 23,600

Rate = 9%

Time = 2 years

S.I = ?

$\displaystyle{S.I \ = \ \frac{P \times R \times T}{100}}$

$\implies$ $\displaystyle{\frac{23,600 \times 9 \times 2}{100}}$

$\implies$236 × 18

$\implies$4248

Amount = S.I + P

$\implies$₹. 4248 + ₹ 23,600

$\implies\boxed{\boxed{\bf RS.27,848}}$.