if the compound interest on a sum for 2 years at 4% p.a. is ₹408, then the simple interest on the same sum at the same rate and
1 answer:
Given that:
CI = ₹408
years = 2 years
Rate of interest = 4%
A = P{1+(R/100)}^
A-P = p{1+(R/100)}^n - P
I = P[1+(R/100)}^n - 1]
408 = P[{1+(4/100)²} - 1]
= P[{1+(1/25)²} - 1]
= P[(26/25)² - 1]
= P[(676/625) - 1]
= P[(676-625)/625]
408 = P(51/625)
P = 408*(625/51)
= 8*625 = 5000
Sum = 5000
Simple Interest (I) = (P*R)/100
= 5000*2*(4/100)
= 50*2*4 = 400
From the given above options, option (a) ₹400 is your correct answer.
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Answer:
$8.50
Step-by-step explanation:
I don't know what Alls are, but if Carlos insists, we can calculate how much he can spend on Alls with the expression:
($31.50) + r $40
This says the sum of what Carlos has already spent (hot dogs and hamburgers) plus the amount he spends on Alls (rolls?), r, must be equal to or less than the $40 he has allowed himself to spend.
($31.50) + r $40
r $40 - $31.50
r $8.50