Jagrutiben deposits Rs.44,000 at 9.5% rate of interest for 2 years. At last how much compound interest will she get?
Answers
Answered by
0
Answer:
CI = 4180 rs
Step-by-step explanation:
P= 44000 rs
R = 9.5 %
t= 2years
A = p(1+r/100)^n
A = 44000(1+9.5/100)^2
A = 44000×1+19/200
A= 44000×219/200
A = 220× 219
A = 48180 rs
CI = A- P
CI = 48180 - 44000
CI = 4180 rs
Answered by
0
Answer:
4180
Step-by-step explanation:
Principal = P = Rs 44000 (Given)
Rate = R = 9.5 % (Given)
Time = T= 2 yrs (Given)
According to the formula of compound interest -
CI = p (1+r/100)`n
A = 44000(1 +9.5/100)²
A= 44000×219/200
A = 220× 219
A = 48180
Thus, the amount is Rs. 48180
Compound Interest = Amount - Principal
CI = A- P
CI = 48180 - 44000
CI = 4180
Thus, the compound interest of Rs. 4180 will be received.
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