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Calculate the Amount of Rs. 15,000 is Lent at Compound Interest for 2 Years and the Rates for the Successive Years Are 8% and 10% Respectively. - Mathematics

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प्रश्न

Calculate the amount of Rs. 15,000 is lent at compound interest for 2 years and the rates for the successive years are 8% and 10% respectively.

योग

उत्तर

Given : P = Rs. 15,000; n = 2 years;  r1 = 8 % and r2 = 10%

Amount = `"P"( 1 + r_1/100)( 1 + r_2/100)`

              = `15000( 1 + 8/100 )( 1 + 10/100)`

              = `15,000(27/25)(11/10)`

              = Rs. 17,820.

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Concept of Compound Interest - Inverse Formula
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest (Using Formula) - Exercise 3 (A) [पृष्ठ ४४]

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सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Using Formula)
Exercise 3 (A) | Q 2 | पृष्ठ ४४
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