Question

Find the amount to be paid
1. At the end of 2 years on 2,400 at 5% per annum compounded annually.

2. At the end of 1 year on 1,800 at 8% per annum compounded quarterly.

गिव मी आंसर ऑफ ऑल क्वेश्चन ​

Answer 1

Answer:

1) Time = 2 years

Principle = 2,400

Rate = 5% p.a.

SI = $\frac{t\times p \times \: r }{100}$

=> $\frac{2 \times 2400 \times 5 }{100}$

=> 2×24×5

=> 240

Amount = P + SI

=> 2400 + 240

=> 2640

Therefore , The amount to be paid is rupees 2,640

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2) Time = 1 year

Principle = 1,800

Rate = 8% p.a

SI = $\frac{t\times p \times \: r }{100}$

=> $\frac{1 \times 1800 \times 8}{100}$

=> 1× 18 × 8

=> 144

Amount = P + SI

=> 1800 + 144

=> 1944

Therefore , The amount to be paid is rupees 1,944