find the simple interest when principal =₹ 3000 rate of interest =4 1/2% per annum time 2 year
Answers
Answered by
0
Answer:
Compound interest , C is given by r = rate, P = principle, n = time
C=P[(1+r)
n
−1]
=3000[(1+
100
5
)
2
−1]
=3000(1+
10000
25
+
100
10
−1)
=30(
100
25
+10)⇒30(10+
4
1
)
=30(
10
41
)
C=Rs.123.
solution
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Answered by
0
Answer:
simple interest =principal × rate × years ÷100
=3000×4.5×2 ÷ 100
=270.
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