Mr. Lalit invested 5000 at a certain rate of interest, compounded annually for twoyears. At the end of first year it amounts to * 5325. Calculate(1) the rate of interest.() the amount at the end of second year, to the nearest rupee. About the author Julia
Step-by-step explanation: P = 5000 A1= 5325 SI = 325 SI = PNR / 100 325 = 5000 X 1 X R / 100 325 / 50 = R R = 6.5% SI = PNR / 100 SI = 5325 X 1 X 6.5 / 100 SI = 346.125 = 346 A = 5325 + 346 = 5671 Reply
Step-by-step explanation:
P = 5000
A1= 5325
SI = 325
SI = PNR / 100
325 = 5000 X 1 X R / 100
325 / 50 = R
R = 6.5%
SI = PNR / 100
SI = 5325 X 1 X 6.5 / 100
SI = 346.125 = 346
A = 5325 + 346 = 5671