solve this question plz question no 6
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6] (a) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) n = 2 years
(iii) r = 10%
Using the formula, we get :
C. I. = P [(1+r/100)^n - 1]
=> C. I. = 20000 [(1+10/100)²-1]
=> C. I. = 20000 [(11/10)²-1]
=> C. I. = 20000 [(121/100)-1]
=> C. I. = 20000 × (21/100)
=> C. I. = Rs. 4200
So, C. I. = Rs. 4200
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6] (b) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) t = 2 years
(iii) r = 10%
Using the formula, we get :
S. I. = Prt/100
=> S. I = (20000×2×10)/100
=> S. I. = Rs. 4000
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◼ Obviously the compound interest (Rs. 4200) is greater than the simple interest (Rs. 4000) on Rs. 20,000 for 2 years @ 10% per annum.
◼ Now, The difference between these two interests will be = Rs. (4200-4000) = Rs. 200 [REQUIRED ANSWER.]
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==================================
6] (a) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) n = 2 years
(iii) r = 10%
Using the formula, we get :
C. I. = P [(1+r/100)^n - 1]
=> C. I. = 20000 [(1+10/100)²-1]
=> C. I. = 20000 [(11/10)²-1]
=> C. I. = 20000 [(121/100)-1]
=> C. I. = 20000 × (21/100)
=> C. I. = Rs. 4200
So, C. I. = Rs. 4200
==================================
6] (b) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) t = 2 years
(iii) r = 10%
Using the formula, we get :
S. I. = Prt/100
=> S. I = (20000×2×10)/100
=> S. I. = Rs. 4000
==================================
◼ Obviously the compound interest (Rs. 4200) is greater than the simple interest (Rs. 4000) on Rs. 20,000 for 2 years @ 10% per annum.
◼ Now, The difference between these two interests will be = Rs. (4200-4000) = Rs. 200 [REQUIRED ANSWER.]
==================================
Answered by
4
6] (a) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) n = 2 years
(iii) r = 10%
Using the formula, we get :
C. I. = P [(1+r/100)^n - 1]
=> C. I. = 20000 [(1+10/100)²-1]
=> C. I. = 20000 [(11/10)²-1]
=> C. I. = 20000 [(121/100)-1]
=> C. I. = 20000 × (21/100)
=> C. I. = Rs. 4200
So, C. I. = Rs. 4200
___________________________
6] (b) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) t = 2 years
(iii) r = 10%
Using the formula, we get :
S. I. = Prt/100
=> S. I = (20000×2×10)/100
=> S. I. = Rs. 4000
___________________________
▶Obviously the compound interest (Rs. 4200) is greater than the simple interest (Rs. 4000) on Rs. 20,000 for 2 years @ 10% per annum.
▶Now, The difference between these two interests will be = Rs. (4200-4000) = Rs. 200 [REQUIRED ANSWER.]
___________________________
(i) P = Rs. 20,000
(ii) n = 2 years
(iii) r = 10%
Using the formula, we get :
C. I. = P [(1+r/100)^n - 1]
=> C. I. = 20000 [(1+10/100)²-1]
=> C. I. = 20000 [(11/10)²-1]
=> C. I. = 20000 [(121/100)-1]
=> C. I. = 20000 × (21/100)
=> C. I. = Rs. 4200
So, C. I. = Rs. 4200
___________________________
6] (b) GIVEN INFORMATIONS :
(i) P = Rs. 20,000
(ii) t = 2 years
(iii) r = 10%
Using the formula, we get :
S. I. = Prt/100
=> S. I = (20000×2×10)/100
=> S. I. = Rs. 4000
___________________________
▶Obviously the compound interest (Rs. 4200) is greater than the simple interest (Rs. 4000) on Rs. 20,000 for 2 years @ 10% per annum.
▶Now, The difference between these two interests will be = Rs. (4200-4000) = Rs. 200 [REQUIRED ANSWER.]
___________________________
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