Question

Find the amount and compound interest on 48000 for 9 months if the interest is componded quarterly at the rate of 20 paise per rupee per annum.​

Answer 1

Answer:

Principal (P) = ₹48000

Rate (R)

=

8

%

p

.

a

.

Time (n)= 1 year

Interest is compounded half yearly

∴

A

=

P

(

1

+

R

200

)

2

n

=

48000

(

1

+

8

200

)

2

=

48000

×

26

25

×

26

25

=

76.8

×

26

×

26

=

₹

51916.80

Therefore, compound interest = A-P

= ₹(51916.80 - 48000)

= ₹3916.80

Answer 2

Answer:

hi I am just answering the questions have completed all my brain test answer with a lot of 50 but I need hundred PTs