Il money for 5 s years 2 Geeta deposited Rs. 20,000 in a bank at the rate g. 5 /ot She collected Rs.9600 as interest at the end of the team. For how many years had she deposited the money?
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Answered by
0
Answer:
I borrowed Rs.12,000 from Jamshed at 6% per annum simple interest for 2 years. If I borrowed this sum at 6% per annum compound interest, what extra amount would I have to pay
Medium
Solution
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Given P=Rs.12000N=2R=6%
S.I.=
100
PNR
SI =
100
12000×6×2
=1440
A=SI+P=1440+12000= Rs. 13440
Compound interest:
A=P(1+
100
r
)
n
=12000(1+
100
6
)
(2)
=12000(1.1236)
=Rs.13483.2
Amount =Rs.13483.20
CI=A−P=13483.20−12000
=Rs.1483.20
Extra interest =13483.20−13440=Rs.43.20
Answered by
0
Answer:
S.I.=
100
P×R×T
Where
S.I.=Simple Interest (In Rs)
P=Principal Rate (In Rs)
R=Rate (per annum)
T=Time (in years)
S.I.=
100
20000×5×7
S.I.=7000 Rs
Thus the Correct Answer is C
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