Question

Find the amount and the compound interest on Rs 50,000 for 1.5



years at 10% per

annum compounded annually​

Answer 1

Answer:

Interest (i)= 7500 Amount(A)= 57500

Step-by-step explanation:

soln

given,

Principal(P)= 50,000

Time(T)= 1.5 years

Rate(R)= 10 percent per annum

Interest (I)= ?

Amount (A)=?

Now,

I= P×T×R/100

I= 50,000×1.5×10/100

I= 7500

Again,

A=P+I

A= 50,000+7500

A= 57,500

I

Answer 2

Answer:

7500

Step-by-step explanation:

first year

prt/100

=50000*10*1/100

=5000

=5000+50000

=55000

second year

prt/100

=55000*10*0.5/100

=2750

=55000+2750

=57750

CI=57750-55000

=2751