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1). Rs. 13162). Rs. 1232.53). Rs. 1234.54). Rs. 1332.5 |
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Answer» Principal = P Time = 4 years RATE = 5% Interest accrued = Rs. 2600 Simple interest = (P × R × T)/100, where P = principal, R = rate of interest and T = time period According to problem, ⇒ 2600 = (P × 5 × 4)/100 ⇒ P = (2600 × 100)/20 ⇒ P = 13000 ∴ In case of compound interest, Principal = 13000 Rate = 5% Number of years = 2 ∴ Amount, A = 13000(1 + 5/100)2 ⇒ Rs. 14332.5 ∴ Compound interest accrued, ⇒ 14332.5 - 13000 ⇒ Rs. 1332.5 |
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