Question

principal equal to rupees 1500 rate 12% p.a. and time 2 years​

Answer 1

answr

search

What would you like to ask?

MATHS

avatar

Asked on December 26, 2019 by

Gunika Naruka

Principal=Rs 1500, rate =12%p.a, and time =3 years 3 months.Calculate the compound interest

Help best friend

Study later

ANSWER

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 2

$\huge\boxed{\fcolorbox{green}{blue}{answer}}$

SI = P×R×T /100

SI = 1500×12×2/100

SI = 360 Rs.