Question

What principal will amount to Rs 14,641 at
40% per ammim.compounded quarterly
a year​

Answer 1

Step-by-step explanation:

Interest- Rs 14641

Rate - 40%p.a

Time -1 year

Principle- interest ×100÷ Rate × Time

= 14641 ×100 ÷40 × 1

= 36602.5 Rs

Principle = 36602.5

Rate = 40%p.a

Time = 1 year

Interest = Principle×Rate ×Time÷ 100

= 36602.5 × 40× 1÷ 100

= 14641 Rs

interest = 14641 Rs

Amount = principle + interest

= 14641+ 36602.5

= 18301.2 Rs

Amount = 18301.2 Rs

check ( principle is correct or not )

principle= 36602.5 Rs

Rate = 40% p.a

time = 1 year

interest = principle× rate × time ÷ 100

= 36602.5 × 40 × 1 ÷ 100

= 14641 Rs

{ this interest is smillar to that interest which is given to us in question so, our principal is correct }...