CA Foundation doubt
Kapil deposited some amount in the bank for 7.5 years at the rate of 6 % P.a simple interest Kapil Recieved rupees 101500 at the end of the term how much did Kapil deposit with calculator trick
Asked by Hriday21 May 2024368 views
6 answers
Shreya · 21 May 2024
Simple interest=p×n×r/100 so answer is 225555.56
Adiii · 21 May 2024
101500×100=10150000 6×7.5=45 Divide 10150000 by 45 =225555.56
Soumyasri · 21 May 2024
225555
Nikhil · 21 May 2024
P+.45p=101500 1.45p=101500. P=70000
Nikhil · 21 May 2024
P+prt/100=101500.
Nikhil · 21 May 2024
₹70000
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