find the amount to be pay after 4-1/2 years on a sum rs 650 at rate of 12.5%
Answers
Answered by
6
Answer:
Step-by-step explanation:
S.I =PRT/100 P=RS 650, R=12.5%,T=9/2 YEARS
= 650×125×9÷1000×2
= 365.7
AMOUNT= P+S.I
= 650+365.7
= 1015.7
Answered by
8
Given:
- Principal = Rs. 650
- Rate = 12.5 %
- Time = 4 1/2 years = 4.5 years
What To Find:
We have to find -
- The amount.
Formulas Needed:
- SI = P × R × T ÷ 100
- A = P + SI
Abbreviations Used:
- P = Principal
- R = Rate
- T = Time
- SI = Simple Interest
- A = Amount
Solution:
- Finding the SI.
Using the formula,
⇒ SI = P × R × T ÷ 100
Substitute the values,
⇒ SI = 650 × 12.5 × 4.5 ÷ 100
Multiply 650, 12.5 and 4.5,
⇒ SI = 36,562.5 ÷ 100
Divide 36,562.5 by 100,
⇒ SI = Rs. 365.625
- Finding the A.
Using the formula,
⇒ A = P + SI
Substitute the values,
⇒ A = 650 + 365.625
Add the numbers,
⇒ A = Rs. 1,015.625
Final Answer:
∴ Thus, the amount is Rs. 1,015.625.
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