Question

solve it please mmmmmmm​

Answer 1

Hey friend,

Here is the solution :-

Here, Principal = 12025, Rate = 4%, Time = 2 years.

=> C. I. = Amount - Principal

$amount \: = p \: (1 + \frac{r}{100} )^{t} \\ \\ = > 12025 \: (1 + \frac{4}{100} )^{2} \\ \\ = > 12025 \: (1 + \frac{1}{25} )^{2} \\ \\ = > 12025 \: ( \frac{26}{25} )^{2} \\ \\ = > 12025 \times \frac{26}{25} \times \frac{26}{25} = 13006.24 \\ \\ now \: c.i. = amount - principal \\ \\ = > c.i. = 13006.24 - 12025 = 981.24$

So, Rakesh would have to pay ₹ 981.24 as the interest.

✨I hope this will help you....✨