State the full forms of the following: TISCO, ONGC, BHEL, and RTE
Answers
Answer:
Answer :
Given : Rate of interest = 8 p.c.p.a
p=5000
A=500
To find : The Interest for one year
Sol^n : A=P[1+R/100]^N
500=5000[1+8/100]^N
500=5000[1×100+8/100]^N
500=5000[108/100]^N
5000/500=[108/100]^N
10=[108/100]^N
10=108/100^N
N=108/100×10
N=108×10/100
N=108×100/10
N=108×10
N=1080
N=1080÷8
N=135-100
…( subtracting 100 by both sides )
N=35 is divided by 5
N=35÷5
N=7years
Now,
I=P×R×N/100
I=5000×8×7÷100
I=50×8×7
I=400×7
I=2800
•°• I=2800
Hope this is helpful for you
Answer: