Math, asked by shreya1864, 1 year ago

find amount and compound interest on Rs.62500 for 2 years 6 months at 12% per annum

Answers

Answered by Anonymous
3

Answer:


Step-by-step explanation:

  • Principle  = 62500
  • Time = 2 years and 6 months = 2 + 6/12 = 5/2 = 2 1/2 years.
  • Rate = 12%.

Amount = P [ 1+r/100]ⁿ

             = 62500 [ 1 + 12/100]² [ 1 + 12/200]

             = 62500 x 28/25 x 28/25 x 53/50 = 83104.

  • CI = 83104 - 62500 =20604.

Thank u.


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