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ᴍᴀʀɪᴏ ɪɴᴠᴇꜱᴛᴇᴅ ʀꜱ 8,000 ɪɴ ᴀ ᴅᴏᴍᴀɪɴ. ꜱʜᴇ ᴡᴏᴜʟᴅ ʙᴇ ᴘᴀɪᴅ ɪɴᴛᴇʀᴇꜱᴛ ᴀʀ 5% ᴘᴇʀ ᴀɴɴᴜᴍ ᴄᴀʟᴄᴜʟᴀᴛᴇᴅ ᴀɴɴᴜᴀʟʟʏ. ꜰɪɴᴅ: (ɪ) ᴛʜᴇ ᴀᴍᴏᴜɴᴛ ᴄʀᴇᴅɪᴛᴇᴅ ᴀɢᴀɪɴꜱᴛ ʜɪꜱ ɴᴀᴍᴇ ᴀᴛ ᴇɴᴅ ᴏꜰ ᴛʜɪʀᴅ ʏᴇᴀʀ.▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃↦Don't Spam↦Need Full Explanation▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃ |
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Answer» (ii) Here, Principal (P) = Rs. 8000, Rate of interest (R) = 5%, TIME (n) = 3 years.Amount (A) = P\left(1+\frac{R}{100}\RIGHT)^nP(1+ 100R ) n = 8000\left(1+\frac{5}{100}\right)^38000(1+ 1005 ) 3 = 8000\left(1+\frac{1}{20}\right)^38000(1+ 201 ) 3 = 8000\left(\frac{21}{20}\right)^38000( 2021 ) 3 = 8000\times\frac{21}{20}\times\frac{21}{20}\times\frac{21}{20}8000× 2021 × 2021 × 2021 = Rs. 9,261Interest for 3rd year = A - P= Rs. 9,261 – Rs. 8,820 = Rs. 441 |
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