principal = rs 9600 ,rate = 7 1/2% p.a and time = 5 month .find intrest and amount
Answers
P=Rs 9600 r=721% p.a t=5 months.
Rate in 12 months =7.5%
∴ Rate in 1 months 127.5=0.625%
1stmonth
P=Rs 9600 r=0.625%
I=1009600×0.625×1=Rs 60.
∴A=Rs 9660.
2ndmonth
P=Rs9660 r=0.625%
I=1009660×0.625×1=Rs 60.38
A=Rs 9720.38
3rdmonth
P=Rs 9720.38 r=0.625%
I=Rs 60.75
A=Rs 9781.13.
4thmonth
P=Rs 9781.13 r=0.625%
I=Rs 61.13
∴A=Rs 9842.26
5thmonth
P=Rs 9842.26 r=0.625%
I=Rs 61.51
A=Rs 9903.77
Compound interest = Rs 303.77
Amount =Rs 9903.77
Answer:
This is yr ans plzz mark me as brainlisit
Step-by-step explanation:
P=Rs 9600 r=7
2
1
% p.a t=5 months.
Rate in 12 months =7.5%
∴ Rate in 1 months
12
7.5
=0.625%
1
st
month
P=Rs 9600 r=0.625%
I=
100
9600×0.625×1
=Rs 60.
∴A=Rs 9660.
2
nd
month
P=Rs9660 r=0.625%
I=
100
9660×0.625×1
=Rs 60.38
A=Rs 9720.38
3
rd
month
P=Rs 9720.38 r=0.625%
I=Rs 60.75
A=Rs 9781.13.
4
th
month
P=Rs 9781.13 r=0.625%
I=Rs 61.13
∴A=Rs 9842.26
5
th
month
P=Rs 9842.26 r=0.625%
I=Rs 61.51
A=Rs 9903.77
Compound interest = Rs 303.77
Amount =Rs 9903.77