Math, asked by stujanarthanankarthi, 2 days ago

Calculate the amount on ₹. 500 for 1 year at 5% per annum compounded annually. a.₹.525 b.₹.505 c. ₹.550 d. ₹.552

Answers

Answered by gagandeepk2008

0

Answer: 25 rupees

Step-by-step explanation:

P=₹500

R=5% p.a.

T=1 yr

A=P[1+r/100]n

=500[1+5/100]1

= 500[21/20]

= 500*21/20

= 25*21

= ₹525

C.I = A-P

= 525-500

= ₹25

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