Question

find the C.I on rs 15625 for 9 months at 16percent per annum compounded quaterly


{formulae=A=P[1+1/4{r/100}

answer=C.I RS 1951{PLZ ANSWER BY SOLUTION IN PAPER}

Answer 1

$heya$

P= Rs 15625
n= 9 months= 3 quarters

R= 16% p.a.= 4% per quarter

Amount= (15625*(1+4/100)^3)

=15625*26/25*26/25*26/25

=Rs 17576

C.I.=(17576-15625)

C.I.=Rs 1951

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