calculate the amount and compound interest by using the formula when principal=rs5000rate=10pasia per rupee , time=3 years
Answers
Answered by
0
Answer:
given
P=5000
rate=10°/.
time=3 years
Step-by-step explanation:
a=p(1+r/100)
a=5000(1+10/100)
a=5000(110/100)
a=5500
CI=p+a
CI=5000+5500
CI=10500
I think the answer is right check with calculator if the answer is wrong
Answered by
0
Answer:
soln,
principal (p)= Rs. 5000
rate (R)= 10pasia per rupee
1 RS = 100paisa
1 Paisa = 1/100Rs
10 Paisa = 10/100
=Rs0.1
time (t)= 3 years
we know,
Cl = P{(1 + R/100) ^t- 1}
= 5000{ (1 + 0.1/100)^3 - 1}
=5000 ( 1.003 - 1)
= 5000 × 0.003
= RS 15.01
CA = P + I
= 5000 + 15.01
= RS 5015.01
I hope it will help you
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