1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ganezh [65]
2 years ago
12

A person borrowef Rs 16000 from a bank at 12.5% pet annum simple intrest and lent the whole amount to shopkeeper at the sam rate

of compound interest.How much will he gain in 2 years?​
Mathematics
1 answer:
r-ruslan [8.4K]2 years ago
8 0

Answer:

The amount he gains in 2 years is Rs. 250

Step-by-step explanation:

The parameters of the amount borrowed from the bank are;

The amount borrowed, P = Rs. 16,000

The interest rate of the amount borrowed, R = 12.5%

The number of years, T = 2 years

The simple interest, I = (P × R × T)/100 =  (Rs. 16,000 × 12.5 × 2)/100 = Rs. 4,000

The total amount the person is to pay bank to the bank = P + I = Rs. 16,000 + Rs. 4,000 = Rs. 20,000

The parameters of the amount lent to the shopkeeper are;

The amount lent, P = Rs. 16,000

The compound interest rate of the amount lent, R = 12.5%

The number of years, T = 2 years

The amount he receives from the shopkeeper after 2 years, A = P·(1 + R/n)^(n × T) = Rs. 16,000 × (1 + 0.125/1)^(1 × 2) = Rs. 20,250

The amount he gains in 2 years = The amount he receives from the shop keeper - The amount he gives to the bank = Rs. 20,250 - Rs. 20,000 = Rs. 250

The amount he gains in 2 years = Rs. 250.

You might be interested in
Bank account A starts with $5,000 and grows by $1,000
grandymaker [24]
This should be right! $5,000 + $1,000x
5 0
3 years ago
What is the domain of ƒ(x) if ƒ(x) = 1 x – 4?
Alina [70]
The domain would negative infinity to positive infinity . Domain would be the smallest through the largest possibly value of X. If you also need the range it’s ( -4,infinity]
3 0
3 years ago
Find the hcf of 4x2 - 8x​
Crank

<em><u>ANSWER</u></em>

My answer is in the photo above

6 0
2 years ago
Decide whether the equations is a trigonometric function identity, EXPLAIN.
hodyreva [135]

(1) Answer: Identity true

\cos^2x(1+\tan^2x)=\cos^2x(1+\frac{sin^2x}{cos^2x})=\\= \cos^2x\frac{cos^2x+sin^2x}{cos^2x}=1

(2) Answer: Identity true

\sec x \tan x(1-\sin^2x)=\sin x\\\frac{1}{\cos x}\frac{\sin x}{\cos x}(\cos^2x)=\sin x\\\sin x = \sin x


(3) Answer: Identity true

\sin^2(\theta)\csc^2(\theta)=\sin^2(\theta)+\cos^2(\theta)\\\sin^2(\theta)\frac{1}{\sin^2(\theta)}=\sin^2(\theta)+\cos^2(\theta)\\1 = 1


7 0
3 years ago
You can buy 7 pillows at jensen's for the same price that you can buy 6 pillows at harrison's. If one pillow costs $21.21 at har
kotykmax [81]
$21.21 × 6 = $127.26

$127.26 ÷ 7 = $18.18 cost of 1 pillow at Jenson's.

You multiply the cost of the pillow at Harrison's, $21.21, by the amount of pillows you can buy at Harrison's, 6.
Then divide the answer by the amount of pillows you can buy at Jenson's, 7. The final answer is the cost of 1 pillow at Jenson's.
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is (7s^2+3s)-(4s^2-3s+1) in simplest form?
    11·1 answer
  • 1/2x + 1/4 = 6 <br><br> PLEASE help
    8·1 answer
  • A circular piece of glass has a radius of 1.2 meters. The glass sells for $7.10 per square meter. What is the total cost of the
    11·2 answers
  • Fourty-four divided by 3
    15·1 answer
  • I really need help with this guys <br> (p+8)^3
    15·1 answer
  • Hiiio!!Can someone please help me ❤️:D
    13·1 answer
  • Which of these graphs represents the inequality x &gt; 5?
    12·2 answers
  • What is the value of a in a/5 + 3= 8
    14·2 answers
  • 78 : 120 :: ? : 66<br>please give answer with explanation<br>​
    10·1 answer
  • A line parrell to y=5x+9 and intersects the point (-2,-3). What is the equation of this parrell line
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!