you are disturbed to find that most of the youngster now a days are falling prey to the food culture, overeating and lazy life style. write a letter to the editor of a national daily on "Importance of exercise and nutrious food". you are Raj / Rani. (100-120words).
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Explanation:
Given: P=1000,R=10% per annum =
4
10
% per quarter (1 year is 4 quarters) =2.5
T=1 year=4 quarters
CI=P(1+
100
R
)
T
−P
=1000(1+
100
2.5
)
4
−1000
CI=1103.8−1000=103.8
∴ interest over 4 quarters will be Rs.103.8...
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