⟾Bela borrowed ₹25000 from a finance company to start her boutique at 20% per compounded Half-yearly. What amount of money will clear her debt after 1 ½ yrs.
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Answered by
30
- P=
- R=20%p.a.=10% half Yearly
- T=1½years=3half years
- The amount of money that will clear her debt after 1½ yrs.
i}Interest 1=
=
Amount 1=
ii} Interest 2=
=
Amount 2=
iii} Interest 3=
=
Amount 3=
Therefore,Bela should give back to the company after 1½ yrs.
_____________
P=Principal
R=Rate of interest
T=Time
Answered by
143
⟾Given:
P=₹25000₹25000
R=20%p.a.=10% half Yearly be
T=1½years=3half years
⟾Tofind:
The amount of money that will clear her debt after 1½ yrs.
⟾Solution:
i}Interest 1= /{25000×10×1}{100}
100
25000×10×1
=₹2500₹2500
Amount 1=25000+2500=₹2750025000+2500=₹27500
ii} Interest 2=/{27500×10×1}{100}
100
27500×10×1
=₹2750₹2750
Amount 2=27500+2750=₹3025027500+2750=₹30250
iii} Interest 3={30250×10×1}{100}
100
30250×10×1
=₹3025₹3025
Amount 3=30250+3025=₹3327530250+3025=₹33275
Therefore,Bela should give back ₹33275₹33275 to the company after 1½ yrs.
_____________
P=Principal
R=Rate of interest
T=Time
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