Find the amount due on 7,500 at 8% per annum for 1 year 6 months.
Answers
Given:-
- Principal= 7,500
- Rate= 8%
- Time= 1 year 6 month= 1.6 year
To Find:-
- The Amount.
Solution:-
∴ Find the amount due on 7,500 at 8% per annum for 1 year 6 month is Rs.8460.
Answer:
Given:-
Principal= 7,500
Rate= 8%
Time= 1 year 6 month= 1.6 year
To Find:-
The Amount.
Solution:-
\underline{\overline{\mid{\bold{\blue{\mathcal{simple \: interest = \frac{p \times r \times t}{100} }}\mid}}}}
∣simpleinterest=
100
p×r×t
∣
s.i = \frac{7500 \times 8 \times 1.6}{100}s.i=
100
7500×8×1.6
= > s.i = \frac{7500 \times 8 \times 16}{100 \times 10}=>s.i=
100×10
7500×8×16
= > s.i = \frac{75 \times 8 \times 16}{10}=>s.i=
10
75×8×16
= > s.i = \frac{600 \times 16}{10}=>s.i=
10
600×16
= > s.i = \frac{9600}{10}=>s.i=
10
9600
\therefore \: s.i = 960∴s.i=960
\underline{\overline{\mid{\bold{\red{\mathcal{Amount = principal + interest}}\mid}}}}
∣Amount=principal+interest∣
= > a = 7500 + 960=>a=7500+960
= > a = 8460=>a=8460
∴ Find the amount due on 7,500 at 8% per annum for 1 year 6 month is Rs.8460.
Step-by-step explanation:
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