Math, asked by undiscoveredhelium, 1 day ago

Calculate the sum on which interest for 1 – years at 3.5% p.a. is Rs. 252

Answers

Answered by vkaushal666

Answer:

7200

Step-by-step explanation:

252=x×3.5×1/100

252= 7x/200

7x= 50400

x =50400/7

x= 7200

Answered by himab8420

Answer:

The compound interest for the same sum

for 2.5 years is Rs. 2259.6

Step-by-step explanation:

The Simple Interest, SI = 2940

Time, n = 3.5 years

Rate of Interest, r = 10%

The principal, P, is calculated as:

SI = Prn/100

2940 = (P * 10 * 3.5) / 100

P = (2940 * 100) / 35

= 8400

Thus, the Principal is Rs. 8400.

The compound interest for the same sum in 2.5 years is calculated as follows;

CI = Amount -Principal

Amount =

[P (1+r/100)) ^2.5

Thus,

CI= [P (1+r/100)) ^2.5 - P

= 8400 ((1+10/100)) ^2.5 - P

= 8400 ((110/100)) ^2.5 - 8400

=(8400* 1.269) - 8400

= 10659.6 - 8400

= 2259.6

Thus, the compound interest for the same sum for 2.5 years is Rs. 2259.6

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Calculate the sum on which interest for 1 – years at 3.5% p.a. is Rs. 252​

Answers

The compound interest for the same sum in 2.5 years is calculated as follows;

Thus, the compound interest for the same sum for 2.5 years is Rs. 2259.6

Calculate the sum on which interest for 1 – years at 3.5% p.a. is Rs. 252