the sum required to earn a monthly interest of 1200ruppes at 18% p.a SI is
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Answered by
0
Answer:
Step-by-step explanation:
SI = (P*T*R)/100
let principle = x
time = 1yr
Rate of interest = 18%
SI = 1200
SI = PTR/100
1200 = X *1*18/100
X=1200*100 / 18*1
Principle = X = 6,667 RS
Answered by
0
Answer: yo bro pls mrk me dear friend
SI = P x ROI x T & Amount (return) = P + SI
i.e. at the end of 1st year
SI = 1000 x 10% x 1 = 100 & Principle for 2nd year 1000 + 100 = 1100
Now, in similar manner, interest has to be calculated & at maturity the amount will be as ₹1210
SI = 1100 x 10% x 1 = 110 & Amount = 1100 + 110 = 1210
hope it helps brother
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