Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
Answer:
Principal,P` = Rs 55,000
Rate of Interest,R`= 102\dfrac{10} {2}
2 -10= 5%
Time,t` = 2×2\times2× 1= 2 years.
So,
Principle Amount Will be =>
A` =P‘(1+R100)t‘P`(1 + \dfrac{R}{100})^{t`}P‘(1+
100R) t‘
=> A`= 55,000(1+5100)255,000(1 + \dfrac{5} {100})^{2}55,000(1+
100. 5) 2
=> A`= 55,000(105100)255,000(\dfrac{105} {100})^255,000(
100---(105) 2
=>A` = Rs 60,637.5.
Hence the the compound interest in second case is
Rs (60,637.5 - 50,000)=Rs 5,647.5
So the change in Compound interest in second case
=Rs(5,647.5 - 5000)
=Rs 647.5
So the percentage of change in Compound interest in first and second years Will be =>
Change% = increase in interest Original Interest×100%\dfrac{increase in interest}{Original Interest} \times 100\%
OriginalInterest
increaseininterest
×100%
=> Change% = 647.55000×100%\dfrac{647.5} {5000}\times 100\%
5000
647.5
×100%
=>Change% = 12.95%12.95 \%12.95%
Remember
A=P(1+R100)tA = P(1 + \dfrac{R}{100})^{t}A=P(1+
Explanation:
hope it helps ...
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.