Question

Reema borrowed rupees 550 from her friend at 18% per annum how much amount will she returned after 6 months​

Answer 1

answer = ₹24.75

by: si = 550×18×1÷100×2×2

Answer 2

599.5 Rs amount will Reema returned after 6 months​.

Step-by-step explanation:

Given data

• Principle (P) = 550 Rs

       Rate of interest per year (R) = 18 %

       Time duration (T) = 6 months = 0.5 years

• We know the relation between amount, principle, rate of interest and time. Which are given below

        $\mathbf{A=P\left ( 1+\frac{R\times T}{100} \right )}$

• On putting respective value in above equation, we get

        $\mathbf{A=550\left ( 1+\frac{18\times 0.5}{100} \right )}$

        $\mathbf{A=550\times \left ( 1+\frac{9}{100} \right )}$

• On simplify, we will get

        Amount (A) = 550×1.09 = 599.5 Rs. = This will be amount .