What is the amount received investment of Rs. 10240 at 25% rate of int

1.	What is the amount received investment of Rs. 10240 at 25% rate of interest compounded half yearly after 1.5 years?1. Rs. 128602. Rs. 145803. Rs. 135204. Rs. 15240
Answer» Correct Answer - Option 2 : Rs. 14580 Given: P = Rs. 5000 R = 25% n = 2 t = 1.5 years Formula used: A = P × {1 + (R / n)}^nt Where P = Principal amount, R = Rate of interest in %, n = number of times interest applied per year and t = time period Calculation: Here A = 10240 × {1 + (25 / 100 × 2)}^{2 × 1.5} ⇒ A = 10240 × {1 + (1 / 8)}³ ⇒ A = 10240 × (9 × 9 × 9) / (8 × 8 × 8) ⇒ A = 20 × 729 ⇒ A = 14580 ∴ Received amount is Rs.. 14580.

What is the amount received investment of Rs. 10240 at 25% rate of interest compounded half yearly after 1.5 years?1. Rs. 128602. Rs. 145803. Rs. 135204. Rs. 15240

Answer» Correct Answer - Option 2 : Rs. 14580

Given:

P = Rs. 5000

R = 25%

n = 2

t = 1.5 years

Formula used:

A = P × {1 + (R / n)}^nt

Where P = Principal amount, R = Rate of interest in %, n = number of times interest applied per year and t = time period

Calculation:

Here A = 10240 × {1 + (25 / 100 × 2)}^{2 × 1.5}

⇒ A = 10240 × {1 + (1 / 8)}³

⇒ A = 10240 × (9 × 9 × 9) / (8 × 8 × 8)

⇒ A = 20 × 729

⇒ A = 14580

∴ Received amount is Rs.. 14580.

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What is the amount received investment of Rs. 10240 at 25% rate of interest compounded half yearly after 1.5 years?1. Rs. 128602. Rs. 145803. Rs. 135204. Rs. 15240

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