find the compound interest on ₹15625 for 9 months at 16% p a compounded quarterly in short tricks
Answers
Answered by
89
C.I =15625[(1+4/100)cube-1]
=15625[(104/100)cube - 1]
=15625[(26/25)cube -1]
=15625(17576/15625)-1
=15625(17576-15625/15625)
=15625(1951/15625)
C.I = Rs 1951
=15625[(104/100)cube - 1]
=15625[(26/25)cube -1]
=15625(17576/15625)-1
=15625(17576-15625/15625)
=15625(1951/15625)
C.I = Rs 1951
Answered by
138
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
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
gauri1989:
if not using formula by short tricks hw to solve
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