Question

If Rihana deposits 1500 rupess in the school fund at 9 pc.p.a. for 2 years, what is the total amount will she get ?​

Answer 1

Step-by-step explanation:

Principal(P) =1500 Rs.

Rate of interest(R) =9%

Time(T) =2 years

Total Interest(I) = PRT / 100

1500×9×2 / 100 =270 Rs.

Now, total amount =P+I=1500+270=1770 Rs.

Answer 2

Here, P = Rs 1500, R = 9 p.c.p.a , T = 2 years  ∴ Total interest = (P x R x T)/100 = (1500 x 9 x 2)/100 = 1500 x 9 x 2  = Rs 270  ∴ Total amount = Principal + Interest = 1500 + 270  = Rs 1770  ∴ Rihanna will get a total amount of Rs 1770.