Math, asked by radhesham6378, 1 year ago

An amount of rs 2400 is due after 6 years under simple interest at 10% p.a. find its present value in rs.

Answers

Answered by TooFree

54

A = P( 1 + rt)

Given that the future amount is Rs 2400 after 6 years at 10% p.a.

2400 = P(1 + 0.1(6) )

2400 = P(1.6 )

P = 2400 ÷ 1.6

P = 1500

The present value is Rs 1500

Answered by HarshithScamander

32

SI= PTR/100=2400x6x10/100=1440

Amount=SI+Principal=1440+2400=3840

utsavupadhyay: easy

HarshithScamander: I know it. I answered this question just for a challenge.

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