Saved Bookmarks
| 1. |
Calculate the amount principal-900 rate of intrest-5% time-11/2 years |
|
Answer» S.I=Rs.340,Time=2 years,R=4%(i)LET the sum of money be rs.xS.I= 100PRT ⇒340= 100x×4×2 ⇒x= 4×2340×100 =Rs.4250(ii)C.I for Rs. 4250 for one year payable HALF-yearly∴ T=1 year=2 half year,RATE= 24 =2%A=P(1+ 100R ) T ⇒4250(1+ 1002 ) 2 ⇒4250( 100102 ) 2 ⇒4250× 5051 × 5051 =4421.70C.I=A−P⇒4421.70−4250=Rs.171.70 |
|