find the sum that amounts to rupees 18552 for 3/2 years at 10% P A when the interest is compounded half yearly
Answers
- ⇀ Simple Interest= Rs.18552
- ⇀ Time = 3/2 years
- ⇀ Rate of interest = 10% per annum
- ⇀ We have to calculate Principle
- Putting values in formula we get ,
Answer:
Giveninformation:−
⇀ Simple Interest= Rs.18552
⇀ Time = 3/2 years
⇀ Rate of interest = 10% per annum
W
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Whatwehavetocalculate:−
⇀ We have to calculate Principle
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Usingformula:−
⟶
S
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=
P
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×
R
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×
T
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100
‾
⟶
Simpleinterest=
100
Principle×Rate×Time
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−
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Let
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scalculate−−
⟶
S
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p
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r
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s
t
=
P
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×
R
a
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×
T
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m
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100
⟶Simpleinterest=
100
Principle×Rate×Time
Putting values in formula we get ,
⟶
18522
=
P
r
i
n
c
i
p
l
e
×
10
×
3
100
×
2
⟶
18522
=
P
r
i
n
c
i
p
l
e
×
30
200
⟶
18522
=
P
r
i
n
c
i
p
l
e
×
3
0
20
0
⟶
18522
=
P
r
i
n
c
i
p
l
e
×
3
20
⟶
18522
×
20
3
=
P
r
i
n
c
i
p
l
e
⟶
370440
3
=
P
r
i
n
c
i
p
l
e
⟶
P
r
i
n
c
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p
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=
R
s
.
12
,
348
‾
‾
⟶18522=
100×2
Principle×10×3
⟶18522=
200
Principle×30
⟶18522=
20
0
Principle×3
0
⟶18522=
20
Principle×3
⟶
3
18522×20
=Principle
⟶
3
370440
=Principle
⟶Principle=Rs.12,348