Question

Payal received ₹32768 from a bank at the rate of. 12/1/2 % per annum calculated quarterly. Find the amount she will have to return after 9 months in order to clear her debits .​

Answer 1

Answer:

Total = Rs 35937

Step-by-step explanation:

Quarterly rate = 12 1/2/4

=25/8%

Int.for Ist.Qr.32768x25/800=1024. Total = 33792

Int for 2nd Qr.33792x25/800

= 1056

Total = 34848

Int.for 3rd Qr=34848x25/800

= 1089

Total = Rs 35937

To Clear his debits Rs 35937 is

to be paid