Math, asked by carsehj, 1 year ago

Vineet deposited Rs 8500 in a finance company which pays 18% interest per year find the amount he will receive after 18 months

Answers

Answered by Ghananad
2

hope this will help you

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Answered by Sauron
11
\textbf{\large{\underline{Answer :-}}}

Vineet will get Rs.10795 after 18 months.

\textbf{\large{\underline{Explaination}}}

\textbf{\large{\underline{Given :-}}}

Vineet deposited = Rs.8500

Interest % per year = 18%

\textbf{\large{\underline{To find :-}}}

Amount Vineet will recieve after 18 months.

\textbf{\large{\underline{Solution :-}}}

To find the final amount Vineet will get, first we need to find the Simple Interest.

Principal = Rs.8500

Rate of interest = 18%

Time = 18 months into years = 1.5

\tt{\rightarrow SI = <br /><br />\dfrac{ P \times R \times T }{100}}

\tt{\Rightarrow \: SI = \dfrac{8500 \times 18 \times 1.5}{100} }

\tt{\Rightarrow \: SI = \dfrac{15300 \times 1.5}{100} }

\tt{\Rightarrow \: SI \: = \dfrac{229900}{100}}

\tt{\Rightarrow \: SI \: = \dfrac{2299{\cancel{00}}}{1{\cancel{00}}}}

\tt{\Rightarrow \: SI = 2299}

\tt{\rightarrow SI = 2299}

\tt{\rightarrow \: Amount = SI + P }

\tt{\Rightarrow \: Amount = 2299 + 8500}

\tt{\Rightarrow 10795}

\thereforeVineet will get Rs.10795 after 18 months.

pratyush4211: great!!!!!!
Sauron: ❤️♥ThAnKiEs ♥❤️
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