Question

find the amount which Ram will get on 2096 if he gave it for 18months ar121/2 present per annum interest being compound yearly.
​

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

Here, Principal =Rs.40964

Time =18 months =3 half years

Rate =12

2

1

% per annum=(

4

25

)% per half year.

Amount=P(1+

100

R

)

T

∴Amount=Rs.[4096×(1+

4×100

25

)

3

]

=Rs.(4096×

16

17

×

16

17

×

16

17

)=Rs.4913