Question

Find the amount on rupee 1800 for 1 year 8 months at 6% per annum

Answer 1

Question : Find the amount on $1800 for 1 year 8 months at 6% per annum.

Answer : rupees 1980

EXPLANATION :

➛Time= 1 year 8 months

➛  1 +8/12 = 5/3 years

Interest on ₹ 100 for 1 year=

➛  ruppes 6

Interest on ₹ 1 for 1 year=

➛  6/100

Interest on rupees 1800 for 1 year=

➛ 6/100 x 1800

interest on rupees 1800 for 5/3 years

➛  6/100 x 1800  x5/3

  => rupees 180

➛Hence,Interest = rupees 180

Amount P+1= ₹1800+rupees 180

➛₹ 1980