find the amount to be paid at the end of 4 years on a sum of ₹1000 at 10%
Answers
Answered by
0
Here, P= 1000, r=10% per annum
and n=18 months =
12
18
years =
2
3
years =1
2
1
years
∴ Amount after 18 months =P[1+
2
1
(
100
r
)]
2n
=1000[1+
2
1
(
100
10
)]
2×
2
3
=1000(1+
200
10
)
3
=1000(
20
21
)
3
=1000×
20
21
×
20
21
×
20
21
= 1157.625
= 1157.63
C.I. =A−P
=1157.63−1000= 157.6
Answered by
1
Answer:
600
Step-by-step explanation:
Amount = Principle Interest-SI
SI = PTR/100
= 1000(4)(10)/100
= 10(4)(10)
SI = 400
Amount = 1000-400
Amount = 600
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