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1. Formula is a = p(1-r/100)^n --------------------- (i)
Given p = 10500, r = 5, n = 2
On submitting values in (i), we get
a = 10500(1-5/100)^1
= 10500(95/100)
= 9975 rs.
(2)Formula is a = p(1+r/100)^n ------------------ (i)
Given p = 1200000, r = 4, n = 2
On submitting values in (i) we get,
a = 1200000(1+4/100)^2
= 1200000(1 + 1/25)^2
= 1200000(26/25)^2
= 1200000 * 26/25 * 26/25
= 1248000 * 26/25
= 1297920
Hope this helps!
Given p = 10500, r = 5, n = 2
On submitting values in (i), we get
a = 10500(1-5/100)^1
= 10500(95/100)
= 9975 rs.
(2)Formula is a = p(1+r/100)^n ------------------ (i)
Given p = 1200000, r = 4, n = 2
On submitting values in (i) we get,
a = 1200000(1+4/100)^2
= 1200000(1 + 1/25)^2
= 1200000(26/25)^2
= 1200000 * 26/25 * 26/25
= 1248000 * 26/25
= 1297920
Hope this helps!
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