Math, asked by Sandhyashamala, 1 year ago

find the amount and compound interest on rupees. 3000 at 10% per annum for 2(1/3) years compounded annually

Answers

Answered by Anonymous

By using the formula,

By using the formula,A = P (1 + R/100)

By using the formula,A = P (1 + R/100)Let us solve

By using the formula,A = P (1 + R/100)Let us solve(i) Given, P = Rs 3000, rate = 5%, time = 2years

By using the formula,A = P (1 + R/100)Let us solve(i) Given, P = Rs 3000, rate = 5%, time = 2yearsA = P (1 + R/100)

By using the formula,A = P (1 + R/100)Let us solve(i) Given, P = Rs 3000, rate = 5%, time = 2yearsA = P (1 + R/100)= 3000 (1 + 5/100)

By using the formula,A = P (1 + R/100)Let us solve(i) Given, P = Rs 3000, rate = 5%, time = 2yearsA = P (1 + R/100)= 3000 (1 + 5/100)= 3000 (105/100)

By using the formula,A = P (1 + R/100)Let us solve(i) Given, P = Rs 3000, rate = 5%, time = 2yearsA = P (1 + R/100)= 3000 (1 + 5/100)= 3000 (105/100)= Rs 3307.5

By using the formula,A = P (1 + R/100)Let us solve(i) Given, P = Rs 3000, rate = 5%, time = 2yearsA = P (1 + R/100)= 3000 (1 + 5/100)= 3000 (105/100)= Rs 3307.5Compound interest (CI) = A-P = Rs 3307.5 – 3000 = Rs 307.5

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