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3 years ago

In what time the compound amount of Rs 60000 at 10% rate is rs 79860?

Mathematics

1 answer:

Ksenya-84 [330]3 years ago

8 0

Answer:

P= Rs 60000

A= Rs 79860

T=1 & 1/2 year = 3/2 years

= 3/2 x 2 = 3 half years

R= ?

Applying the formula A= P (1+r/100)^T

79860 = 60000 (1+ r/100)^3

79860/60000 = (1+r/100)^3

1331/1000 = (1+r/100)^3

root(3)(1331/1000) = (1+r/100)

11/10 = 1+r/100

11/10 -1 = r/100

1/10 = r/100

r= 10 %

Step-by-step explanation:

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In what time the compound amount of Rs 60000 at 10% rate is rs 79860?​

In what time the compound amount of Rs 60000 at 10% rate is rs 79860?