Question

7. Mr Singh invests Rs 60,000 in a mutual fund which grows at the rate of 15% per annum.
.
(i) What sum will he receive at the end of the second year?
(ii) What is the sum by which his money will grow in 3 years?​

Answer 1

Step-by-step explanation:

1)

$given \: interest \: = 60000 \\ time \: = 2 \: yrs \\ rate = \: 15 \: percent \: per \: annum$

$principal \: = \frac{i \times 100}{r \times t}$

$\frac{60000 \times 100}{15 \times 2}$

$20000 \times 10$

$200000$

Hence, Principal =

$200000$

2) just Same as the number 1) you must try to do it.

Agar mein dono questions ka solutions dunga to tu Kya karega, Gadha to kisi ko nai banna esliye try Karo.