What sum will become Rupees 1416 at 9.5% per annum after 5 years
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Answered by
1
(9.5 /100) * 5 * 1416 = Rs 2,088.6 = Rs 2089 (approx)....
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Hope it helped you a lot..... mark it as brainliest and also give thanx....
Ask if there's any doubt..... friend...
Ramchandrachand:
Sorry I written the question wrong. Right question is what sum will become Rupees 1416 at 19/2% per annum after 5 years
it's same... 19/2 = 9.5...
Your answer is wrong. Right answer is 960
Answered by
14
Rs.1416 at 9.5%/year for 5 years
S. I=p*r*t/100
=>1416*95*5/100*10
=671.65
Simple Interest=Rs.671.65
But if you start with Rs.x,then you will get x+interest=1416
Each Rs. will get interest=0.095*5=0.475
so, 1.475x=1416
x=1416/1.475
x=960
S. I=p*r*t/100
=>1416*95*5/100*10
=671.65
Simple Interest=Rs.671.65
But if you start with Rs.x,then you will get x+interest=1416
Each Rs. will get interest=0.095*5=0.475
so, 1.475x=1416
x=1416/1.475
x=960
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