elation between A, P, r, n, CI
a) If Rs 4,800 is invested at a compound interest rate of 10% per annum then find
(i) the amount after 2 years (ii) the interest earned in 2 years
Answers
✯ GIVEN :-
- The investment is ₹4,800.
- At a rate of 10%.
✯ TO FIND :-
- (i) The amount after 2 years.
- (ii)The Interest earned after 2 years.
✯ SOLUTION :-
- We know that,
➜ .
Where,
- P(principal) = ₹4,800.
- R(rate) = 10%.
- T(time) = 2 years.
Hence,
- (i) Amount after 2 years is ₹5,808.
- (ii) Interest earned after 2 years is ₹10,608.
✯ ADDITIONAL INFO ✯
- A(Amount) = .
- C. I. (compound interest)= Amount + principal.
- S. I. (simple interest)=
Answer:
✯ GIVEN :-
The investment is ₹4,800.
At a rate of 10%.
✯ TO FIND :-
(i) The amount after 2 years.
(ii)The Interest earned after 2 years.
✯ SOLUTION :-
We know that,
➜ \sf {A = P(1+r/100)^{n}}A=P(1+r/100)n .
Where,
P(principal) = ₹4,800.
R(rate) = 10%.
T(time) = 2 years.
\begin{gathered} \bf \:a \: (amount )= P(1 + \frac{r}{100} )^n \\ \bf \implies a\: = 4800 \times(1 + { \frac{ \cancel{10}}{ \cancel{100} })}^{2} \\ \implies \bf \: a \: = 4800 \times (1 + \frac{1}{10} )^{2} \\ \bf \implies \: a = 48 \cancel{00} \times \frac{11}{1 \cancel0} \times \frac{11}{1 \cancel0} \\ \implies \bf a \: = 48 \times 11 \times 11 \\ \bf \implies {\fcolorbox{orange}{pink} {a = ₹5808\:\:\: ans.}}\end{gathered}a(amount)=P(1+100r)n⟹a=4800×(1+10010)2⟹a=4800×(1+101)2⟹a=4800×1011×1011⟹a=48×11×11⟹a = ₹5808ans.
\begin{gathered} \bf \therefore \: c.i. = a(amount) + p(principal) \\ \bf \dashrightarrow \: c.i. = 5808 + 4800 ={ \fcolorbox{black}{lightgreen} {₹10608\:\:\: ans. }}\end{gathered}∴c.i.=a(amount)+p(principal)⇢c.i.=5808+4800=₹10608ans.
Hence,
(i) Amount after 2 years is ₹5,808.
(ii) Interest earned after 2 years is ₹10,608.
✯ ADDITIONAL INFO ✯
A(Amount) = \sf (1+frac{r}{100})^n(1+fracr100)n .
C. I. (compound interest)= Amount + principal.
S. I. (simple interest)= \sf \frac{r \times t \times p}{100}100r×t×p