A man borrowed a sum of Rs. 10000 for 1 year at 37.5% per annum compounded every four months. Find the amount that he will have to repay at the end of 1 year. Please answer it is urgent i will surely mark as brainliest
Answers
Answered by
18
GIVEN :-
- Principal , P = Rs. 10000.
- Time , n = 1 years.
- Rate = 37 . 5 %.
TO FIND :-
- The amount that he will how to repay at the end of 1st year.
SOLUTION :-
Firstlywe will convert the given rate and time according to question.
Now,
_____________________
Answered by
9
Given:
- Principal = rs.10000
- Time = 1 year
- Rate = 37.5%
Find:
- Amount he had to paid after an year
Solution:
Here, convert the Time and Rate according the Question...
we, know that
Time = 1 year = 12months
So,
Hence, Time = 3 months
Now,
Rate = 37.5%
Hence, Rate = 12.5%
Now, we know that
where,
- P = rs. 10000
- R = 12.5%
- n = 3months
So,
now, take the L.C.M
Hence, The sum of money He had to pay after an year will be rs.14238.28125
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