Question

Calculate the amount and the compound interest on Rs 12.000 in 2 years at 10%

Answer 1

Answer:

Amount = p( 1+r/100) ^n

= 12000 ( 1+10/100) ²

= 12000( 10/10+1/10) ²

= 12000( 11/10) ²

= 12000 x 11/10 x 11/10

= 14520 rs.

Compund interest = amount - principal

= 14520 - 12000

= 2520rs.

Next question :- no of men can complete a piece of work in 7 days = 36

No of men can complete a piece of work in 42 day = ( 36 x 7 ) ÷ 42

= 252 ÷ 42

= 6 men