Deb lent 10000 to Rabi for 3 years at 5% per annum . After 1 year Rabi gave 4500 to Deb at the end of second year he gave 3300. How much will he give at the end of the third year to clear is dept ?
Answers
Answer:
- Rabi has to pay ₹ 3150 at the end of 3rd year.
Step-by-step explanation:
Given that:
- Deb lent ₹ 10000 to Rabi for 3 years at 5% per annum.
- After 1st year, Rabi gave ₹ 4500 to Deb.
- After 2nd year, Rabi gave ₹ 3300 to Deb.
To Find:
- Amount Rabi must pay after 3rd year to clear his debt.
Formulas Used:
Where,
- P = Principal
- R = Rate
- T = Time
- SI = Simple Interest
Solution:
Simple Interest for 1st year:
- Principal for 1st year = ₹ 10000
Cutting off the zeros,
Multiplying the numbers,
Hence,
- SI = ₹ 500
And,
Amount = ₹(10000 + 500)
= ₹ 10500
Money paid after 1st year = ₹ 4500
Debt left = ₹(10500 - 4500)
= ₹ 6000
Simple Interest for 2nd year:
- Principal for 2nd year = ₹ 6000
Cutting off the zeros,
Multiplying the numbers,
Hence,
- SI = ₹ 300
And,
Amount = ₹(6000 + 300)
= ₹ 6300
Money paid after 2nd year = ₹ 3300
Debt left = ₹(6300 - 3300)
= ₹ 3000
Simple Interest for 3rd year:
- Principal for 3rd year = ₹ 3000
Cutting off the zeros,
Multiplying the numbers,
Hence,
- SI = ₹ 150
And,
Amount = ₹ (3000 + 150)
= ₹ 3150
Debt left = ₹ 3150
Hence, Rabi has to pay ₹ 3150 at the end of the 3rd year.
Answer:
Are koi na likh lega! actually tune life me kuch sadness hurt ye sb Saha hi nai islie nai likh pata Tere class me jb thi tb meko bhi in sb me interest or nahi likhna ata Tha lol