Math, asked by nimishkadubey, 1 year ago

how to find compound interest and amount principal is 7400 at 5% for 1 year.

Answers

Answered by mahakjain20

1

I hope I will help you

Attachments:

Answered by aryaramesh1

2

For one year compound interest and simple interest will be same

P(1+r/100)^n

7400×105/100

=7870

Therefore amount is 7870

Previous Question

Next Question

Similar questions

Math, 7 months ago

T= When B.D. = 11, the T.D. = 10 and B.G. = 1 T.D x R x T B.G.x 100 We have, B.G. = 100 T.D.R 1x100 .. T- = 2 years 10 x 5 Hence, the Bill was discounted before 2 years. EXERCISE 6(E) 1. A bill for 10,000 was drawn on 1-1-2005 due 5 months hence. It wa discounted on 23-3-2005 at 5% p.a. Find (i) Banker's Discount, (i) Discounted Value (ii) True Discount (iv) Retired Value and (v) Banker's Gain.

Science, 7 months ago

What is an acid rain?

Computer Science, 7 months ago

QR code scanner is ...

Physics, 1 year ago

a stone is thrown vertically upwards with an initial velocity of 40 m/s taking g =10 m/s^2 find the maximum height reached by the stone . what is the net displacement and the total distance covered by the stone plezzz answer me...

Biology, 1 year ago

Difference between: Active transport and Diffusion (significance in plants)...

Biology, 1 year ago

Draw a plant in root,stems,leaves,flowers,fruits,seeds...

Social Sciences, 1 year ago

Q.2) Give reasons-:we cant go to the centre of the earth Sendimantry rocks form from sediments.

Math, 1 year ago

An integer is chosen between 1 and 100 what is tje probabilty that it is divesible be 8...