The difference in simple interest at 13% and 12% p.a. of a sum in one year is Rs. 110. Then the sum is
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1
Let the amount be x,
then
simple interest for 1.5 years
=100PRT = 100x×12×1.5=10018x ---(1)
compound interest for 1 year
CI=x(1+r)=x(1+0.12)=1.12x
for neat 6 months
CI= 1.12x(1+0.06)=1.872x
net compound interest
CI=1.872x-x=0.1872x
now given CI-SI=150
0.1872x - 0.18x =150
0.0072x=150
x=0.0072150=20,833.33 RS.
∴ The total amount is 20,833.33 RS.
I hope it will help you.
Answered by
2
Step-by-step explanation:
︎ANSWER</p><p></p><p>
Let the amount be x,
then
simple interest for 1.5 years
=100PRT = 100x×12×1.5=10018x ---(1)
compound interest for 1 year
CI=x(1+r)=x(1+0.12)=1.12x
for neat 6 months
CI= 1.12x(1+0.06)=1.872x
net compound interest
CI=1.872x-x=0.1872x
now given CI-SI=150
0.1872x - 0.18x =150
0.0072x=150
x=0.0072150=20,833.33 RS.
∴ The total amount is 20,833.33 RS.
❥︎THANKS < /p > < p > < /p > < p >❥︎THANKS</p><p></p><p>
I hope it will help you.
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