Math, asked by lagendgamer9278, 2 months ago

Mahendra become insolvent only 30,000 for could be realised from his agent the amount of 60000​

Answers

Answered by mannyvirk46
2

Step-by-step explanation:

Given: P=1000,R=10% per annum =

4

10

% per quarter (1 year is 4 quarters) =2.5

T=1 year=4 quarters

CI=P(1+

100

R

)

T

−P

=1000(1+

100

2.5

)

4

−1000

CI=1103.8−1000=103.8

∴ interest over 4 quarters will be Rs.103.8...

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