Question

what sum of money will amount to Rs 12544 in 2yrs at 12% per annum simple interest ?​

Answer 1

Answer:

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1

vandanamthanki

31.12.2018

Math

Secondary School

+5 pts

Answered

Simple interest on a certain sum of money for 2 years at 12% per annum is ₹1920. What will be the compound interest on that sum at the same rate and for the same period ????

2

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Answer

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30



shubhamkumar20061001

Expert

365 answers

27.9K people helped

Soln:-

S.I.=P×R×T/100

Rs1920=P×12×2/100

Rs1920×100=24P

Rs192000/24=P

P=Rs8000

Now,

C.I=P(1+r/100)^t -P

=8000(1+12/100)^2 -8000

=8000(112/100)^2 -8000

=8000(12544/10000) -8000

=8000×12544/10000 -8000

=10035.2 -8000

=Rs2035.2

Step-by-step explanation:

thanks plz text u given in question like rs12544