Question 48

In questions 24 to 59, fill in the blanks to make the statements true.
Amount obtained by depositing Rs. 20000 at 8 % per annum for six months, is ___.

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Solution

Deposited amount = Rs. 20000
Rate of interest = 8 %
Time period = 6 months $= \frac{6}{12} y r = \frac{1}{2} y r I = \frac{P \times R \times T}{100} = \frac{20000 \times 8 \times \frac{1}{2}}{100} = \frac{20000 \times 8}{200} = 100 \times 8 = R s . 800$
$∴$ Amount received = Principal + Interest = 20000 + 800 = Rs. 20800

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Question 48 In questions 24 to 59, fill in the blanks to make the statements true. Amount obtained by depositing Rs. 20000 at 8 % per annum for six months, is ___.

Deposited amount = Rs. 20000 Rate of interest = 8 % Time period = 6 months =612yr=12yrI=P×R×T100=20000×8×12100=20000×8200=100×8=Rs.800 ∴ Amount received = Principal + Interest = 20000 + 800 = Rs. 20800

Question 48

In questions 24 to 59, fill in the blanks to make the statements true.
Amount obtained by depositing Rs. 20000 at 8 % per annum for six months, is ___.