badge image

Enroll For Free Now & Improve Your Performance.

×
User Icon
User Icon
User Icon
User Icon
User Icon

Thank you for registering.

One of our academic counsellors will contact you within 1 working day.

Please check your email for login details.
MY CART (5)

Use Coupon: CART20 and get 20% off on all online Study Material

ITEM
DETAILS
MRP
DISCOUNT
FINAL PRICE
Total Price: Rs.

There are no items in this cart.
Continue Shopping
Menu
Grade: 10

                        

a sum of money in 2 years at r% S.I. amounts to Rs 8640 and same sum in 2 years amounts to 8652.80 at r % C.I..find the sum of money and the rate percenr..

9 years ago

Answers : (1)

SAGAR SINGH - IIT DELHI
879 Points
							

Dear student,

P is the principal (the initial amount you borrow or deposit)

r is the annual rate of interest (percentage)

n is the number of years the amount is deposited or borrowed for.

A is the amount of money accumulated after n years, including interest.

When the interest is compounded once a year:

A = P(1 + r)n

 

Please feel free to ask your queries here. We are all IITians and here to help you in your IIT JEE preparation.

All the best.

Win exciting gifts by answering the questions on Discussion Forum. So help discuss any query on askiitians forum and become an Elite Expert League askiitian.

Now you score 5+15 POINTS by uploading your Pic and Downloading the Askiitians Toolbar  respectively : Click here to download the toolbar..

 

Askiitians Expert

Sagar Singh

B.Tech, IIT Delhi

9 years ago
Think You Can Provide A Better Answer ?
Answer & Earn Cool Goodies


Course Features

  • 731 Video Lectures
  • Revision Notes
  • Previous Year Papers
  • Mind Map
  • Study Planner
  • NCERT Solutions
  • Discussion Forum
  • Test paper with Video Solution


Course Features

  • 731 Video Lectures
  • Revision Notes
  • Test paper with Video Solution
  • Mind Map
  • Study Planner
  • NCERT Solutions
  • Discussion Forum
  • Previous Year Exam Questions


Ask Experts

Have any Question? Ask Experts

Post Question

 
 
Answer ‘n’ Earn
Attractive Gift
Vouchers
To Win!!! Click Here for details