Question
Rs. 5,750 was invested for 4 years on the average
interest rate of 13%. Find the total amount received (in rupees) with interest.Solution
P =100=5750. One year interest =13% 4-year interest =52% Then Amount =100+52=152 ATQ- 100=5750 1=57.5 152=57.5×152 =8740 Rs. Basic method- You can solve also by formula. SI=PRT/100 A=P+SI
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