if p=RS 1000,R=5% P. A. N =4 WHAT is amount and c. l is
Answers
Answered by
7
If p=Rs 1000; R=5% p.a n =4.what is the C.I and Amount ? Rs1,215.50 , 215.50. Rs 1215 & Rs215. Ts 1,215.50 & Rs 200. None.
Answered by
3
Answer:
I=PTR/100
1ST Year interst=1000×1×5/100=50
Amount after 1st year interest = 1000+50=1050
2nd year interest=1050×1×5/100=52.5
Amount after 2nd year interest=1050+52.5=1102.5
3rd year interest=1102.5×1×5/100=55.125
Amount after 3 rd year interest=1102.5+55.125=1157.625
4th year interest=1157.625×1×5/100=57.88125
Amount after 4th year interest=1157.625+57.88125=1215.50
1215.50-1000=215.5
Step-by-step explanation:
Similar questions