a ceartain sum of money invested for 5 years at 8 percent p.a simple intrest earns intrest of rupees12000 find 1 the sum of money

a ceartain sum of money invested for 5 years at 8 percent p.a simple intrest earns intrest of rupees12000 find 1 the sum of money 2 the compound intrest earned by this moey in two year at 10percent p.a compound intrest

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2 thoughts on “a ceartain sum of money invested for 5 years at 8 percent p.a simple intrest earns intrest of rupees12000 find 1 the sum of money”

  1. Answer:

    [tex]\huge\mathfrak\pink{Answer:}[/tex]

    Rate (R) = 8% p.a.

    Period (T) = 5 Years

    Interest (T) = ₹ 12000

    (i) ∴ Sum = (I × 100)/(R × T)

    = ₹ ((12000 × 100)/(8 × 5)) = ₹ 30000

    (ii) Rate (R) = 10% p.a.

    Time (T) = 2 Years

    Principal (P) = ₹30000

    Interest for the first year = PRT/100

    = ₹ ((30000 × 10 ×1)/100) = ₹3000

    ∴ Amount after one year = ₹30000 + 3000

    ₹ 33000

    Principal for the second year = ₹ 33000

    Interest for the second year = (33000 × 10 ×1)/100

    = ₹ 3300

    ∴ Compound interest for two years

    = ₹3000 + 3300 = ₹ 6300

    I hope it would help uh out!❤️✌️

    [tex]\huge\fbox\colorbox{pink}{Follow=Follow}[/tex]

    Reply
  2. Answer:

    Rate (R) = 8% p.a.

    Period (T) = 5 Years

    Interest (T) = ₹ 12000

    (i) ∴ Sum = (I × 100)/(R × T)

    = ₹ ((12000 × 100)/(8 × 5)) = ₹ 30000

    (ii) Rate (R) = 10% p.a.

    Time (T) = 2 Years

    Principal (P) = ₹30000

    Interest for the first year = PRT/100

    = ₹ ((30000 × 10 ×1)/100) = ₹3000

    ∴ Amount after one year = ₹30000 + 3000

    ₹ 33000

    Principal for the second year = ₹ 33000

    Interest for the second year = (33000 × 10 ×1)/100

    = ₹ 3300

    ∴ Compound interest for two years

    = ₹3000 + 3300 = ₹ 6300

    I hope it would help uh out!❤️✌️

    Reply

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