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}plsssssss fastly
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here is the answer plz leave a thanks
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angelprinces46:
one more query plsss
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here is ur answer ➖➖➖➖➖➖➖➖➖➖➖➖➖⬇
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
hope it helps uhhh...
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