is form of 16000 is invested from 3 years at 10% per annum interest compounded annually
a what is the sum due at end of 1st year
b what is the sum due at end of second year
c what is the compound interest in 2 years
d what is the interest earned in second year
e what is the sum due at the end of 3 years
Answers
Answered by
1
the ⇒ P=Rs.16000,R=10%
⇒ C.I. for second year = P×
100
R
×(1+
100
R
)
⇒ = 16000×
100
10
×(1+
100
10
)
⇒ = 1600×
10
11
⇒ C.I. for second year = Rs.1760. of second year will be
Answered by
2
Answer:
Step-by-step explanation:
Principal = 16000
Time = 3 years
Rate = 10%
A. For 1 st year
S.I = P × R × T/100
= 16000 × 10 × 3 /100
= 4800
Amount = P + I = 16000 + 4800
B. For 2nd year
S.I = P × R × T/100
= 20800 × 10 × 3 /100
= 6240
Amount = P + I = 20800 + 6240
= 28040
C. ⇒ P=Rs.16000,R=10%
⇒ C.I. for second year = P× R/ 100 ×(1+ R/100 )
⇒ = 16000× 10/100 ×(1+ 10/100)
⇒ = 1600× 11/10
⇒ C.I. for second year = Rs.1760.
D. S.I = P × R × T/100
= 20800 × 10 × 3 /100
= 6240
E. S.I = P × R × T/100
= 28040× 10 × 3 /100
= 8412
Amount = P + I = 28040 + 8412
= Rs. 36452
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