Question

Find the amount when
Principal = 52000, Rate = 18% p.a., Time = 2 years
ii) Principal = 37500, Rate = 16% p.a., Time = 4 years​

Answer 1

Step-by-step explanation:

i.Principal =52000, Rate = 18% per annum,Time = 2 years

P =52000

R = 18% per annum

Time = 2 years

We have,

Interest ( I ) =P·T·R/100

= 52000 X 2 X 18/100

= 18720

Therefore,Interest = 18720

Then,

Amount = P + I

=52000+18720

= Rs. 70,720

Therefore,Amount = Rs.70,720

ii.Same like i number.

Hope it's help you.