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
lbvjy [14]
3 years ago
11

11. Kamala borrowed 26400 from a bank to buy a scooter at a rate of 15% per annum compounded yearly. What amount will she pay at

the end of 2 years and 4 months to clear the loan? at​
please answer fastly
Mathematics
2 answers:
oee [108]3 years ago
6 0
<h2>Answer </h2>

Amount (A) = P[1 + (r/100)]n

Principal (P) = ₹ 26400

Time period (n) = 2 years 4 months

Rate % (R) = 15% compounded annually

<h3>Steps </h3>

First, we will calculate Compound Interest (C.I) for the period of 2 years

A = P[1 + (r/100)]n

= 26400[1 + (15/100)]²

= 26400[(100/100) + (15/100)]²

= 26400 × 115/100 × 115/100

= 26400 × 23/20 × 23/20

= 26400 × 1.3225

= 34914

C.I. = A - P

= 34914 - 26400

= 8514

Now, we will find Simple Interest (S.I) for the period of 4 months

Principal for 4 months after C.I. for 2 years = ₹ 34,914

<h3>We know that ,</h3>

S.I = PRT/100

Here T = 4 months = 4/12 years = 1/3 years

S.I. for 4 months = (1/3) × 34914 × (15/100)

= (1/3) × 34914 × (3/20)

= 34914/20

= 1745.70

Total interest for 2 years 4 months = 8514 + 1745.70

= 10259.70

Total amount for 2 years 4 months = 26400 + 10259.70

= ₹ 36659.70

<h3>So , the correct answer is ₹ 36659.70 . </h3>

Harrizon [31]3 years ago
6 0

Step-by-step explanation:

The  \:  loan \:  is \:  ₹ \:  36659.70.

You might be interested in
Just help don’t ask please
Vlad [161]

Step-by-step explanation:

change graphic into alohabet so it is easier to see

solve easy equation with only a type of unknown first..

once you found the value of the unknownm , substitute it in any equation so you can find the value of other unknown.

4 0
3 years ago
Which chocolate chip cookies have the greater spread in the number of chips per cookie?
Arisa [49]

Step-by-step explanation:

18

7 0
3 years ago
Read 2 more answers
12a - 7 + 4a + 8<br><br> What is the answer
weeeeeb [17]
16a+1 is the answer to your question
6 0
3 years ago
Read 2 more answers
Find the surface area and volume of a cube with sides of 5.5 cm each.
djyliett [7]

Answer:

Area: 181.5

Volume: 166.4

Step-by-step explanation:

Hope this helps.

6 0
3 years ago
Branliest offered<br> solve the proportion<br> 12/x=6/7<br> 6x/4=8/12<br> 7/x+13=4/12<br> y+5/y=10/8
Tju [1.3M]
12/x=6/7 answer: x=14
6x/4=8/12 answer x = 0.4444444444
7/x+13=4/12 answer x=8
y+5/y=10/8 answer y=20
6 0
3 years ago
Other questions:
  • How do you convert 9 percent to a fraction and a decimal
    12·2 answers
  • 11.84396 in decimal form nearest thousandth
    8·1 answer
  • A sixth grader weighs 90 pounds, which is 120% of what he weighed in fourth grade. How much did he weigh in fourth grade?
    11·1 answer
  • Which ratio is equivalent to the unit rate 4/1? How was the unit rate transformed into the equivalent ratio?
    10·1 answer
  • When converting between the mixed numbers and improper fractions, the ____always stays the same
    11·1 answer
  • A 10 meter piece of wire is cut in to two pieces. One piece is 2 meters longer than the other. How long are the pieces?​
    9·1 answer
  • Plz Help!! <br><br> Factor the Polynomial: -6x² - 15x + 9
    5·2 answers
  • A deep freezer has a temperature of -6°C when it is turned off.
    12·1 answer
  • Line e is a segment bisector of AB at point M. If AM = 4n-40 &amp; MB = 7(-2n+2), find the value of n.​
    13·1 answer
  • !!! PLEASE HELP FAST !!!!
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!