Math, asked by binodanandjha169, 2 months ago

Find CI paid when a sum of Rs 10000 is invested for 1 year and 3 months at 17/2 % per annum compounded annually.

Answers

Answered by mamtasunilkl
0

Answer:

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Answered by harshit5645
3

Answer:

\huge\underline\mathbb\blue{ANSWER❤-❀}

GIVEN,

Principal =Rs , 10,000

Rate = 8 1/2%= 17/2 %

THEREFORE,

Time = 1 year 3 months,

= 1 1/4 years

______________________________

SI =  \frac{p \:  \times  \: r \:  \times  \: t}{100}  \\

 = SI  =  \frac{10000 \times 17 \times 5}{4 \times 2 \times 100}   \\

 =  10000 \times  \frac{217}{200}   \\

 = CI = 10850  \\

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NOW,

AMOUNT = PRINCIPAL + INTREST

=10, 850 = 10,000 + INTREST

INTREST = 10,850 - 10,000 = 850.

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