Question

yees
2
3. Principal
= 1500, rate = 12% p.a, and time
12% p.a, and time = 3 years 3 months.​

Answer 1

Answer:

CaseI

P=Rs 1500 r=12% p.a t=1 year

Interest = 1500×12×1 / 100

=Rs180.

∴A=Rs1680.

CaseII

P=Rs 1680 r=12% p.a t=1 year

Interest =1680×12×1 / 100

=Rs201.

∴A=Rs1881.60.

CaseIII

P=Rs 1881.60 r=12% p.a t=1 year

Interest = 1881.60×12×1 / 100

=Rs225.80.

∴A=Rs2107.40.

Case IV

P=Rs 2107.40 r=12% p.a t= ³/12 = ¼years

Interest = 2107.40×12 / 100 × ¼

=Rs 63.22.

∴A=Rs 2170.62.

Compound interest is Rs 670.62