हिंदी

Ameeha Loaned Rs. 24,000 to a Friend for 2 1/2 at 10 % P.A. Compond Interest.

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प्रश्न

Ameesha loaned Rs. 24,000 to a friend for `2 1/2` at 10 % p.a. compound interest.

Calculate the interest earned by Ameesha.

योग
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उत्तर

`"C"_1 = ("P" xx "R" xx "T")/100 = (24000 xx 1 xx 10)/100 = 2400`

`"P"_1 = 24000 + 2400 = 26400`

`"C"_2 = (26400 xx 1 xx 10)/100 = 2640`

`"P"_2 = 26400 + 2640 = 29040`

`"C"_3 = (29040 xx 1 xx 10)/100 = 2904`

`"P"_4 = 29040 + 2904 = 31944`

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Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
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