Question

Rs.6000 lent at 12 percentage per annum compounded annually for 1 1/2 years

Answer 1

Answer:

HI HERE IS THE ANSWER

OKK

Answer 2

Rs. 6000 becomes Rs. 7123.20 after $1\dfrac{1}{2}$ years at 12% p.a.

Step-by-step explanation:

Since we have given that

Sum = Rs. 6000

Rate of interest = 125

Time = $1\dfrac{1}{2}$

We first find the amount for 1 year.

So, it becomes,

$Amount=P(1+\dfrac{r}{100})n\\\\Amount=6000(1+\dfrac{12}{100})\\\\Amount=6000(1+0.12)\\\\Amount=6000\times 1.12\\\\Amount=6720$

So, now, it becomes principal for next half year, and we will apply simple interest rule:

So, our equation becomes,

$Interest=\dfrac{6720\times 12\times 1}{200}\\\\Interest=403.20$

So, Amount = 6720 + 403.20 = 7123.20

Hence, Rs. 6000 becomes Rs. 7123.20 after $1\dfrac{1}{2}$ years at 12% p.a.

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6000 for 2 years at 9% per annum compounded annually

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