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Answers - Simple Interest and Compound Interest
Answers - Simple Interest and Compound Interest
A.
1. Amount(A)=P(1+(R/100)) n
A=2500(1+10/100)2
A=2500(11/10)2
A=2500(121/100)
A=25(121)
A=₹3025
2. Amount(A)=P(1+(R/100)) n
16000(1+(5/100))3
16000(1 + 0.05)3
16000(1.05)3
16000 * 1.157625
A= 18522
= 5000 * 6 * 2 / 100
= 300 * 2
= 600
Amount(A)=P(1+(R/100)) n
= 5000(1+(6/100))2
A= 5000 (1.06)2
= 5000 * 1.1236
= 5618
Compound interest = A – P
4.
Amount (A)=P(1+(r/100)) n
A=25000(1+8/100)2
A=25000(108/100)2
A=25000(1.08)2
A=25000(1.1664)
A=₹29160
5. 288
6. 79507
7. 510
8. 18522
B.
9. Rs 157464
10.Rs 14641