Principal=1500 Rate=12%p.a.
Time=3years3month help me to solve this by easy explanation
Answers
Step-by-step explanation:
CaseI
P=Rs 1500 r=12% p.a t=1 year
Interest =
100
1500×12×1
=Rs180.
∴A=Rs1680.
CaseII
P=Rs 1680 r=12% p.a t=1 year
Interest =
100
1680×12×1
=Rs201.
∴A=Rs1881.60.
CaseIII
P=Rs 1881.60 r=12% p.a t=1 year
Interest =
100
1881.60×12×1
=Rs225.80.
∴A=Rs2107.40.
CaseIV
P=Rs 2107.40 r=12% p.a t=
12
3
=
4
1
years
Interest =
100
2107.40×12
×
4
1
=Rs 63.22.
∴A=Rs 2170.62.
Compound interest is Rs 670.62
☆ANSWER☆
CaseI
P=Rs 1500 r=12% p.a t=1 year
Interest =1001500×12×1=Rs180.
∴A=Rs1680.
CaseII
P=Rs 1680 r=12% p.a t=1 year
Interest =1001680×12×1=Rs201.
∴A=Rs1881.60.
CaseIII
P=Rs 1881.60 r=12% p.a t=1 year
Interest =1001881.60×12×1=Rs225.80.
∴A=Rs2107.40.
CaseIV
P=Rs 2107.40 r=12% p.a t=123=41 years
Interest =100
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