Mr A deposited Rs 6500 in a bank for 219 days which pays 7% interest per year. Find the amount he will receive
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Answered by
4
Answer:
Amount he will receive is Rs. 6773
Step-by-step explanation:
P = 6500
R = 7%
T = 219 days. i.e. 219/365
= 0.6 in months
S.I = P × R × T/100
∴S.I = 6500 × 7 × 0.6 / 100 = 273.
∴ S.I = 273
Amount = P + I
= 6500 + 273
= 6773
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answer
Step-by-step explanation:
in above the picture of a solution that Mr deposit 600 500 so this is our principal and rate of percent is 7% and interest is 1 year
PRT/100 THIS IS WRITTEN AS PRT UPON HUNDRED THEN PRINCIPAL RATE AND TIME UPON HUNDRED WE GET 585 RUPEES THEN FOR TOTAL AMOUNT WE HAVE TO ADD COMING RUPEES AND PRINCIPAL 650 + 585 EQUAL TO 7085 RUPEES WITH TAKING AFTER THE 1 YEAR IT BE TOTAL AMOUNT IS MINUS 2 BY THE TOTAL AMOUNT AND THE DRILLING AFTER AMOUNT OF THE ONE YEAR - THEN WE GOT 5835 RUPEES THE TOTAL AFTER MEETING TWO YEARS WE DO FOR THE AMOUNT IS
P(1+R/100) THIS IS WRITTEN AS IN PICTURE THEN THEN SOLVE that amount she get after 3 year is
=6932.50
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