Question

Johny took a loan of 25600 to purchase a motor cycle. find the amount and c. I. he has to pay after 9 month,if the rate of interest is 10%p.a. reckoned quarterly​

Answer 1

25600×(1+9/12×10/100)

25600×(215/200)

25600×41/40

26240

HOPE ITS HELP U

Answer 2

principal amount = 25600rs.

time = 9 months

= 9 ×4/12

= 9÷3

= 3quaters

Rate of Intrest

= 10% p.a.

= 10×1/4%

= 10÷4

= 2.5 per quarter

No using of formula amout