Math, asked by simran77844, 3 months ago

P=?; R=2 1/2p.c.p.a. ; T=5years ; l = Rs 2,400 ; A = ?

Answers

Answered by XxItzAnvayaXx
1

FINAL ANSWER:

A=24000

P=26400

GIVEN:

R=2 1/2p.c.p.a

T=5years

l = Rs 2,400

TO FIND:

P=?

A = ?

FORMULAS USED:

I=\frac{P*R*T}{100}

A = P(1 + rt)

SOLUTION:

[∵ as we get P , so now let's find A]

A = P(1 + rt)\\A=24000(1+2*5)\\A=26,400

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simran77844: ok thanks
XxItzAnvayaXx: now you can see the answer i have corrected it
simran77844: no
simran77844: P = Rs 19,200
A = Rs 12,600
P = Rs 91,200
A = Rs 21,600
simran77844: the options are these
simran77844: If Rajesh deposits Rs 2500 in School's Savings Bank at 8 p.c.p.a. for 2 years ,what total amount he will get?
simran77844: can you solve this question for me..??
XxItzAnvayaXx: ok
XxItzAnvayaXx: First, converting R percent to r a decimal
r = R/100 = 8%/100 = 0.08 per year.

Solving our equation:
A = 2500(1 + (0.08 × 2)) = 2900
A = $2,900.00

The total amount accrued, principal plus interest, from simple interest on a principal of $2,500.00 at a rate of 8% per year for 2 years is $2,900.00.
XxItzAnvayaXx: answer= 2900
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