Math, asked by anu6433, 9 months ago

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.


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Answers

Answered by bhaveshpandya7893
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

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Answered by shivanityagi9410
3

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