Question

What will Rs 125000 amount to ta the rate of 6percent, if the interest is calculated after every four months? ​

Answer 1

Answer:

₹ 132651

Step-by-step explanation:

Acc to the Q,

Let the Amount be = $a$

Principal = P = ₹125000

Interest calculated for every four months = R = 6%

Interest should be paid thrice in a year =

$a$ = P ( 1 + R / 300 )^3

$a$ = 125000( 1 + 6 / 300 ) ³

$a$ = 125000 ( 1 + 1 / 50 )³

$a$ = 125000 × ( 51 / 50 )³

$a$ = 125000 × 51/50 × 51 / 50 × 51/ 50

$a$ = Rs 132651

HOPE THIS HELPS YOU!

ALL THE BEST! :)