Question

What sum of money will amount to Rs. 1800 in 4 years at 10%?​

Answer 1

Answer:

it is done by two process and the answer of them are totally different the first process is - (a) Simple Interest and (b) Compound Interest

Step-by-step explanation:

(a) answer-

Here Principal - 1800

Time - 4 years

Rate of interest is 10%

finally the amount of interest - 1800 + (1800*4*10)/100 =1800+180*4 =1800+760 =2560 (ans)

Answer 2

Answer:

we have to find the amount but for the amount we first have to find the Simple Interest whose formula is$\frac{Principle*Rate*Time}{100}$.So for that , we get $\frac{1800*10*4}{100}$= 720.So then for the amount we have to add principle and the Simple Interest to get 1800+720 to get Rs. 2520as the amount.

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