Question

please tell me with full formula please I will follow the correct answer and mark as brilliantest​

Answer 1

Given➛

Rate of Growth predicted= 5% p.a

Rs given= ₹45000

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To Find➛

Find Value after a year.

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Formula Used➛

Final Value => P*R*T/100

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Solution➛

Final Value ➠P+( P*R*t/100)

P=₹45000

r=5%

t=1 year.

Final Value=> 45000+(45000*5*1/100)

➛ 45000+2250

➛₹47250...

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Answer➽

₹47250

Hence, Option b is correct ✔️

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Remember:-

If growth rate% is given and it remain same,means it doesn't change after fixed interval.Then,for such Amount formula be same as of SIMPLE INTEREST.

But if rate% Change after fixed interval then Then the amount formula will be same as of COMPOUND INTEREST.