plzz solve this in your copy and send me plzz guys it's very urgent ...
question no. 2 and 3 plzz do in your copy and send me ....
Share
plzz solve this in your copy and send me plzz guys it's very urgent ...
question no. 2 and 3 plzz do in your copy and send me ....
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
[tex]\huge\boxed{Answer}[/tex]
Q.(2)
Ans:- The amount of which he took loan
= 10,000 rupees
Rate of interest = 8 %
compound Interest
= 10,000 × (1 + 8/100)¹
= 10,000 × 108/100
= 10,0 × 108
= 10,800 rupees
Interest of 2 years
= 2 × 800
= 1600 rupees
Now ,
At the end of 2 years , Nitesh will have to
pay 11,600 rupees .
Means ,
He will have to pay 1600 rupees of interest.
Q.(3)
Ans:-
Amount deposited amount in the scheme
= 1,00,000 rupees
Rate of interest = 4 %
Compound interest
= 1,00,000 × (1 + 4/100)³
= 1,00,000 × (1 + 12/100)
= 1,00,000 × 112/100
= 1,000 × 112
= 1,12,000 rupees
At the end of 3 years , John will get total
amount of 1,12,000 rupees .
So ,
He will earn 12,000 rupees from interest .