Question

how much interest would she get

Answer 1

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Here Your Answer ⏬

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Step by Step Explanation ;-
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Given ;
• Amount = 16,00,000
• Rate = 15% p.a.
• Time = 3 years.

Now ,

• The Interest she will get from the financer ;-

=> A = P ( 1 + R/100 )n

=> A = 1600000 ( 1 + 15/100) 3

=> A = 1600000 x 115/100 x 115/100 x 115/100.

=> A = 2,433,400

=> CI = A - P

=> CI = 2,433,400 - 1600000

=> CI = ₹ 833,400

Now , the interest that she will get from Kangana ;-

=> SI = P x R x T / 100

=> SI = 1600000 x 15 x 3 / 100

=> SI = 720,000

Difference between CI and SI = CI - SI

=> 833400 - 720000

=> ₹ 113,400

Hence , she will get ₹ 113,400 more interest from the financer.

_______________________

- Regards
@dmohit432

Answer 2

Si =p❌r❌n/100
=15❌1600000❌3➗100
=7,20,000