Question

Find the amount which Ram will get on Rs. 4096, if he gave it for 18 months at
12.5% p.a., interest being compounded annually.

Answer 1

Answer:

Step-by-step explanation:

bnm,

Answer 2

Answer:-

Rs. 4896

Step - by - step \: \: explanation:-

》Compound Interest formula =

》$C.I. = \frac{p \times r \times t}{100}$

》Principal = 4096, Rate = 12.5%, Time = 1 year

•1st term interest =>

$\frac{4096 \times 12.5\times 1}{100} = rs. \: 512$

¤Amount = Principal + Interest

¤Amount for second term =>

$rs. \: (4096 + 512 = 4608) \\ = rs. \: 4608 \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \:$

》Principal = 4608, Rate = 12.5%, Time = 6 months or 0.5 year

•2nd term Interest =

$\frac{4608 \times 12.5 \times 0.5}{100} = rs. \: 288$

¤Final Amount =

$rs. \: (4608 + 288 = 4896) \\ = rs. \: 4896 \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \:$

$⭐hope \: \: it \: \: helps \: \: u...⭐$