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Mathematics 16 Online
OpenStudy (anonymous):

what sum of money will be 1500 at an interest rate 15% per annum , time from oct 26 to sept 22

OpenStudy (anonymous):

S.I = Rs. 1500 r = 15% P = x Time vat should be the time

OpenStudy (anonymous):

I think you use the formula: \[SI=P*R*T\] to calculate the sum of money. SI is the interest received P is the principle amount (1500) R is the interest rate (0.15) T is the time period (calculate how many days from oct 26-->sep 22 and divide it by 365 days)

OpenStudy (anonymous):

no we have to calculte Principle

OpenStudy (anonymous):

i don't know vat should be time

OpenStudy (anonymous):

approxmitely, time = 1

OpenStudy (anonymous):

1500=(P∗15∗1)/100 P = 10000

OpenStudy (anonymous):

that's what I got too, so would that be the answer?

OpenStudy (anonymous):

k are sure

OpenStudy (anonymous):

seems like you really didn't need me :)

OpenStudy (anonymous):

hey..y u delete the time

OpenStudy (anonymous):

i need it

OpenStudy (anonymous):

what? 338/365?

OpenStudy (anonymous):

yes

OpenStudy (anonymous):

y u delete it

OpenStudy (anonymous):

seemed wrong

OpenStudy (anonymous):

y

OpenStudy (anonymous):

with the help of ur time given i calculated the answer

OpenStudy (anonymous):

the answer I get from it is 10798.82, so to me it just seemed wrong but I guess the answer isn't always a whole number

OpenStudy (anonymous):

no, time given by u , after solving i got= 0.92 so i round off it and get time = 1 then after solving i got P = 10000

OpenStudy (anonymous):

oh, ok... YAY!!! I did help!!!

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