In the reccuring deposit account, the monthly installment was RS. 2,500 and the maturity amount was RS. 30,975.Find the time(in years) for which the account was held, if the rate of interest was 6% p.a.
if u know then only answer it
yrr plzzz koi toh mujhe issh Question ka answer batadoo plzzz it's urgent.
Answers
Answered by
1
It is given that
Maturity values = Rs. 30975
Monthly installment = Rs. 2500
Rate of interest =6%
Let the time be x months
∴ Qualifying amount = 2500×(x+x+1)
____________
2
=1250 ( x^2+x)
Now, S.I. = 1250 (x^2+x)×6
_____________
100 × 12
= 25/4 ( x^2+x)
Principal = Rs. 2500 × x
= 2500x +25/4 (x^2+x)=30975
=10000x + 25x^2+25x =123900
=25x^2+10025x - 123900= 0
=25 ( x^2 + 401x- 4956 ) =0
now
x^2+401x - 4956 =0
mark as branliest answer
Answered by
3
Step-by-step explanation:
Similar questions