Meenal lends rupees 75000 at ci for 3 years . If the rate of interest for the first two years is 15%per year and for the third year it is 16%
Calculate the sum meenal will get at the end of third year.......
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Answered by
55
P= 75000
T= 3yrs
R1 = 15%
R2 = 16%
A = P(1+R1/100)^2 × (1+R2/100)
= 75000(1+15/100)^2 × (1+16/100)
= 75000(23/20)*(23/20)*(29/25)
= 15*23*23*29/2
= 115057.5
T= 3yrs
R1 = 15%
R2 = 16%
A = P(1+R1/100)^2 × (1+R2/100)
= 75000(1+15/100)^2 × (1+16/100)
= 75000(23/20)*(23/20)*(29/25)
= 15*23*23*29/2
= 115057.5
Answered by
18
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