penalty amount and compound interest on rupees 13500 for 2 years 6 months at 10 per annum compounded annually
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P=13,500Rs.
R=10%
T=2 years 6 months or 2 1/2 years
CI= P(1+R/100)^n
= 13500(1+10/100)^2 (we can use 1/2 later as simple interest)
=13500(1+1/10)^2
=13500*11/10*11/10
We can cut the zeroes in the 2 tens and the 2 zeroes in 13500 so we will get:
135*11*11
Or 16,335 Rs.
SI = PRT/100
Take P as 16335
R remains 10%
T is 1/2 years
So we can do 16335*10*1/100*2
Or 816.75 Rs.
So add 16335+816.75 to get
17151.75 Rs.
Plz rate as brainliest
R=10%
T=2 years 6 months or 2 1/2 years
CI= P(1+R/100)^n
= 13500(1+10/100)^2 (we can use 1/2 later as simple interest)
=13500(1+1/10)^2
=13500*11/10*11/10
We can cut the zeroes in the 2 tens and the 2 zeroes in 13500 so we will get:
135*11*11
Or 16,335 Rs.
SI = PRT/100
Take P as 16335
R remains 10%
T is 1/2 years
So we can do 16335*10*1/100*2
Or 816.75 Rs.
So add 16335+816.75 to get
17151.75 Rs.
Plz rate as brainliest
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