Question

the amount to be paid at the end of 5 years on a sum of Rs 15000 at the rate 8% p.a. is Rs ______​

Answer 1

Step-by-step explanation:

Amount= P(1+ R/100) raised to power n

A= 15000 (1+ 8/100) raised to power 5

A= 15000 (1/1 + 8/100)5

A= 15000(100+ 8/100)5

A= 15000(108/100)5

A= 15000(27/25)5

A= 15000 × 27/25 × 27/25× 27/25× 27/25× 27/25.

A= ₹22039.92 answer

Answer 2

Answer:

SI=6000

Step-by-step explanation:

principal - 15000

rate - 8%

time - 5 years

I = P*R*T/100

I = 15000×8×5/100

I = 6000

Amount = P×I

amount = 15000+6000

amount = 21000

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