What sum of money will amount to Rs. 1800 in 4 years at 10%?
Answers
Answered by
5
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)
Answered by
5
Answer:
we have to find the amount but for the amount we first have to find the Simple Interest whose formula is.So for that , we get = 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.
Please mark me the BRAINLIEST if you like my Answer
Similar questions