Question

A sum of 80,000 is invested at 40% p.a.compounded
quarterly for 1 year. Find the amount at the end of
1 year
.​

Answer 1

Answer:

Given:-

Principal (P) = ₹ 80000

Rate (R) = 40% p.a.

Time (T) = 1 Year

Step-by-step explanation:

S.I =

$= \frac{P*R*T}{100} \\\\= \frac{80000*40*1}{100} \\\\= 800*40 = ₹ 32000$

AMOUNT = PRINCIPAL + S.I.

= 80,000 + 32,000

= ₹ 1,12,000