Find the compound interest on rs.500 for 'one and a half year' at 12°/• per anun
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Hi!
Principal (P)=Rs. 500
time (n) = 1 and a half years = 3 half years
rate of interest (r%) =12 p.a
Amount (A) = ?
A = P(1+r/100)^n
⇒ A = 500×(1+12/100)×(1+6/100)
⇒ A = 500×112/100×106/100
⇒ A = 112×106/20
⇒ A = 56×54/5
⇒ Amount = Rs. 604.8
C.I =?
C.I = A - P
C.I = 604.8 - 500
C.I. = Rs. 104.8 Ans.
I hope it is correct
Plz mark as the best if u are satisfied!
Thank you!
Principal (P)=Rs. 500
time (n) = 1 and a half years = 3 half years
rate of interest (r%) =12 p.a
Amount (A) = ?
A = P(1+r/100)^n
⇒ A = 500×(1+12/100)×(1+6/100)
⇒ A = 500×112/100×106/100
⇒ A = 112×106/20
⇒ A = 56×54/5
⇒ Amount = Rs. 604.8
C.I =?
C.I = A - P
C.I = 604.8 - 500
C.I. = Rs. 104.8 Ans.
I hope it is correct
Plz mark as the best if u are satisfied!
Thank you!
Samarth16:
The answer is 93.6 rs
I am extremely sorry : (
Please forgive me for my mistake.
Yes u are right the answer is Rs. 93.6 Its my calculation error.
Sorry again
itsok i got it,by the thanks for helping..
ur welcome
for more help u can contact me in the message box
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