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Thus, tne aiode is 10,000.ILLUSTRATION14. (b) The difference between CI. and S.I. is 999 when the ratef investment.is 10% p.a. for a period of 5 years, then find the amount oGiven (1.1ćś-1.611. |
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Answer» SI = P*R*T/100 = P*10*5/100 = P/2 For Compound interesrtA = P(1 + R/100)^5 = P(1 + 10/100)^5 = P(1.1)^5 = 1.611P CI = A - P = 1.611P - P =.611P Given CI - SI = 999 .611P -.5P = 999 .111P = 999 P = 900 Amount of investment = Rs 900 |
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