Math, asked by Sukmit77, 9 months ago

Subhalaxmi took a loan of Rs.18000 from surya Finance to purchase a Tv set .If the compound interest at 12% per annum during the first year and 12% per annum during the second year 1, how much will she have to pay after 2 years .


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Answers

Answered by ms17779230
2

Answer:

Answer :

Present value = Rs.18000

Interest rate for 1st year, p = 12 % per annum

Interest rate for 2nd year, q = (25/2) % per annum

Time = 2 years

Amount (A) = P × (1 + p/100) × (1 + q/100)

A = 18000 × (1 + 12/100) × [1 + (25/2)/100]

= 18000 × (112/100) × [1 + 25/200]

= 18000 × (112/100) × [1 + 1/8]

= 18000 × 112/100 × 9/8

= 180 × 112 × 9/8

= 180 × 14 × 9

= 22680

∴ Amount = Rs.22680

∴ Shubhlaxmi has to pay Rs.157464 after 2 years.

Step-by-step explanation:

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Answered by Anonymous
1

Step-by-step explanation:

For r=12%$,P=Rs.18000

A=18000(1+

100

12

)

1

=Rs.20,160

For r=12.5%$,P=Rs.20,160

A=20000(1+

100

12.5

)

1

=Rs.20,160=Rs.22,680

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