Question

Brinda borrowed Rupees 1500 from a friend at the rate of 6.5 per annum she promised to return it after 146 days along with the interest find the amount the Builder has to pay after 146 days​

Answer 1

Step-by-step explanation:

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Answer 2

The amount and interest are Rs.1538.2647  and Rs.38.2647  respectively.

Step-by-step explanation:

Principal = Rs.1500

Rate of interest = 6.5 %

Time = $146 = \frac{146}{365} years$

$Amount =P(1+r)^t$

$Amount = 1500(1+\frac{6.5}{100})^{\frac{146}{365}}$

Amount =1538.2647

Compound interest = Amount - interest = 1538.2647 -1500=Rs.38.2647

Hence The amount and interest are Rs.1538.2647  and Rs.38.2647  respectively.

#Learn more:

Find the interest on rupees 1300 at the rate of 5% per annum for 146 days

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