Question

find the amount and the compound interest on rupees 30000 at 10% per annum for 2 years and 6 months​

Answer 1

Answer:

I = 7500 Rs.

Amount =37500 Rs.

Step-by-step explanation:

1year = 12 months

2 years = 12× 2 = 24 months

24+6 months = 30 months

30/12 =5/2

I =P×R×T/100

I =30000×10×5/100

I=7500 Rs.

Amount = P+I

Amount = 30000+7500

Amount= 37500Rs.

Hope it helps you....