Question

Raul invest 10 , 000 at rate 6 % per Annam for 2 years, Now he decided to invest the amount that he got for another 3 years at rate 10 % . Find the amount he would get after that 3 years​

Answer 1

Answer:

AMOUNT THAT HE GOT IS ₹14560

Step-by-step explanation:

FOR THE FIRST 2 YEARS,

PRICIPAL=₹10,000

RATE%=6%

TIME=2 YEARS

SO,

SI=PRT/100

  =(10000*6*2)/100

  =100*12

  =₹1200

AMOUNT=₹10000+₹1200

               =₹11200

NOW,

FOR ANOTHER 3 YEARS,

PRICIPAL=₹11200

TIME=3 YEARS

RATE%=10%

SO,

SI=PRT/100

  =(11200*10*3)/100

  =112*30

  =₹3360

AMOUNT=₹11200+₹3360

                =₹14560

I HOPE YOU UNDERSTOOD THE QUESTION

Answer 2

Hey Mate,

Here's your answer,

=> Principal = 10,000 Rs

=> Rate = 6%

=> Time = 2 years

=> For first year,

=> Simple Interest = PRT / 100

=> S.I = 10000 × 6 × 1 / 100

=> S.I = 600 Rs

=> Amount = S.I + P

=> Amount = 600 + 10000

=> Amount = 10600 Rs

=> For second year,

=> S.I = PRT / 100

=> S.I = 10600 × 6 × 1 / 100

=> S.I = 636 Rs

=> Amount = S.I + P

=> Amount = 636 + 10600

=> Amount = 11236 Rs

=> For Third year,

=> S.I = PRT / 100

=> S.I = 11236 × 6 × 1 / 100

=> S.I = 674.16

=> Amount = S.I + P

=> Amount = 674.16 + 11236

=> Amount = 11,910.16