Question

Amala invests Rs. 6,000 in a bond which gives interest at 4% per annum during the first year, 5% during the second year, 10% during the third year. How much does she get at the end of the third year?​

Answer 1

Answer:

p =6000

r=4%

t=1, t=2, t =3

so formula is

I=P*T*R/100

6000*1*4/100

=240

To find out the amount

A=p+I

6000+240

=6240

so principle =6240

I=P*T*R/100

6024*1*5/100

=312

A=P+I

6240+312

=6552

P=6552

I=P*T*R/100

6552*1*10/100

=Rs 655.2

A=P+I

6552+655.2

=Rs 7207.2

I think it's helpful to you