> Solution Given: Principal (P)=Rs. 9000 Rate (R)=10% per annum Time (n)=2 years 4 months =213 years [∵1 year =12 months] Amount for 2 years ∴ Amount (A)=P(1+R100)n =Rs. 9000 (1+10100)2 =Rs. 9000×1110×1110 =Rs. 10890 For the next 13 years, Principal = Amount for 2 years =Rs. 10890. Interest for 13 years =P×R×n100 =(10890×10×13100) =Rs. 363 So, the total Amount for 213 years =Rs. 10890+363=Rs. 11253 ∴C.I.=A−P=Rs. 11253−Rs.9000 =Rs. 2253 Mathematics Secondary School Mathematics VIII Standard VIII Suggest Corrections |