Question

Bella borrowed Rs. 25,000 from a finance company to start a boutique at 20% Per annum compounded half yearly what amount of money will clear her debt after 1and half years

Answer 1

Answer:

15000 is the amount of money

Answer 2

$\rm\dag\large \underline{Question :}$

Bella borrowed Rs. 25,000 from a finance company to start a boutique at 20% Per annum compounded half yearly what amount of money will clear her debt after 1and half years.

$\rm\dag\large \underline{Given:}$

P = Rs. 25000 , R =20%

$\rm\dag\large \underline{Answer :}$

$\rm\bf\red{Rs \: . \: \: 33275}$

$\rm{compounded \: half \: year \: \mapsto \frac{20}{2}\% } \\ \: \: \: \: \: \: \: \: \mapsto \: 10\% \\ \rm \: T= \: 1 \times \frac{1}{2} = \frac{3}{2} \\ \rm \mapsto n \: = 3 \: .$

We know that ,

$\rm \: {A = P(1 + \frac{10}{100}) ^{n} }$

$\rm\large\rightarrow \green{2500 \: (1 + \frac{10}{100} )^{3} } \\ \\ \rm\large \rightarrow \green{ \: 2500 \: (\frac{11}{10}) ^{3} } \\ \\ \rm\large \rightarrow \green{ 2500(1.1) ^{3} } \\ \\ \rm\large \: \: \rightarrow \green{ 2500 \: \times \: 1.33100 } \\ \\ \rm\large\mapsto \red { \: 33275}$

Therefore, the required amount = Rs. 33275 .