The compound interest on rs 16000 at 20 per annum for 9 months
Answers
Explanation:
Principal = Rs. 16000; Time = 9 months =3 quarters;
Rate = 20% per annum = 5% per quarter.
Amount = Rs. [16000 x (1+(5/100))3] = Rs. 18522.
CJ. = Rs. (18522 - 16000) = Rs. 2522
Answer:
Correct option is
Correct option isC
Correct option isCRs. 2522
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter,
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quarters
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quartersAmount=P(1+100R)N
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quartersAmount=P(1+100R)N∴A=16000(1+1005)3
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quartersAmount=P(1+100R)N∴A=16000(1+1005)3=16000×(2021)3
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quartersAmount=P(1+100R)N∴A=16000(1+1005)3=16000×(2021)3=16000×800021×21×21
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quartersAmount=P(1+100R)N∴A=16000(1+1005)3=16000×(2021)3=16000×800021×21×21= Rs. 18522
Correct option isCRs. 2522Given, P= Rs. 16000,r=20% p.a. =20/4=5% per quarter, Time =9 months=129 years =129×4quarters =3 quartersAmount=P(1+100R)N∴A=16000(1+1005)3=16000×(2021)3=16000×800021×21×21= Rs. 18522Therefore, C.I. = Rs. 18522− Rs. 16000= Rs. 2522
Explanation: