9. Find the amount which Ram will get on rupees 4096, if
1
he gave it for 18 months at 12 and 1/2% per annum,
interest being compounded annually.
Answers
Answer:
THE AMOUNT THAT RAM WILL GET IS ₹ 4896
Step-by-step explanation:
PRINCIPAL = ₹4096
RATE%=12 AND 1/2%
=25/2%
TIME = 18 MONTHS
=1 YEAR AND 6 MONTHS
SO,
FOR THE 1 YEAR,
A=P(1+R/100)^N
=4096(1+25/100*2)^1
=4096(9/8)
=4608
CI=A-P
=4608-4096
=₹512
FOR 6 MONTHS,
SI=PRT/100
=(4608*25*1)/(100*2*2)
=₹288
TOTAL INTERSEST=₹288+₹512
=₹800
TOTAL AMOUNT = ₹288+₹4608
=₹4896
I HOPE YOU UNDERSTOOD THE QUESTION
Answer:
Answer:
THE AMOUNT THAT RAM WILL GET IS ₹ 4896
Step-by-step explanation:
PRINCIPAL = ₹4096
RATE%=12 AND 1/2%
=25/2%
TIME = 18 MONTHS
=1 YEAR AND 6 MONTHS
SO,
FOR THE 1 YEAR,
A=P(1+R/100)^N
=4096(1+25/100*2)^1
=4096(9/8)
=4608
CI=A-P
=4608-4096
=₹512
FOR 6 MONTHS,
SI=PRT/100
=(4608*25*1)/(100*2*2)
=₹288
TOTAL INTERSEST=₹288+₹512
=₹800
TOTAL AMOUNT = ₹288+₹4608
=₹4896
I HOPE YOU UNDERSTOOD THE QUESTION