Question

Mera length of rupees 20000 for 9 months at 20% per annum compounded quarterly to Mrs Sharma what amount will she get after the expiry of the period​

Answer 1

Answer:

312.50 Rupees

Step-by-step explanation:

Principle = Rs.20000, Time = 9 months = 3 quarters

Rate = 20% per annum = 5% per quarter

Amount = Rs. { 2000  x  ( 1 + 5/100 }whole cube

Rs.20000  x 21/10 x 21/10 x 21/10

= Rs. 18522

C.I = Rs. ( 23152.5 ----- 20000 ) = 3152.5 rs

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