Class 9 Exam  >  Class 9 Questions  >  If a sum of ₹25600 amounts to ₹36450 in ‘t’ y... Start Learning for Free
If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.?
Most Upvoted Answer
If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p...
**Given:**
Principal amount (P) = ₹25600
Amount after ‘t’ years (A) = ₹36450
Rate of interest (R) = 25% p.a. compounded semi-annually

**To find:** The value of ‘t’

**Formula:** The compound interest formula is given by:

A = P(1 + R/n)^(nt)

Where:
A = Amount after ‘t’ years
P = Principal amount
R = Rate of interest
n = Number of times interest is compounded per year
t = Time in years

**Solution:**

Step 1: Given that the interest is compounded semi-annually, we need to find the effective rate of interest for each half-year.

Rate of interest per half-year (r) = R/2 = 25%/2 = 12.5%

Step 2: Substitute the given values in the compound interest formula:

A = P(1 + r/n)^(nt)

₹36450 = ₹25600(1 + 12.5%/2)^(2t)

Step 3: Simplify the equation:

(1 + 12.5%/2)^(2t) = ₹36450/₹25600

(1 + 0.125/2)^(2t) = 36450/25600

(1 + 0.0625)^(2t) = 1.42578

(1.0625)^(2t) = 1.42578

Step 4: Take the logarithm of both sides to solve for ‘t’:

log[(1.0625)^(2t)] = log(1.42578)

2t * log(1.0625) = log(1.42578)

t = log(1.42578) / (2 * log(1.0625))

Using a calculator, we can find the value of ‘t’ as follows:

t ≈ 3.5 years

Therefore, the value of ‘t’ is approximately 3.5 years.
Attention Class 9 Students!
To make sure you are not studying endlessly, EduRev has designed Class 9 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 9.
Explore Courses for Class 9 exam

Top Courses for Class 9

If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.?
Question Description
If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.?.
Solutions for If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? in English & in Hindi are available as part of our courses for Class 9. Download more important topics, notes, lectures and mock test series for Class 9 Exam by signing up for free.
Here you can find the meaning of If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? defined & explained in the simplest way possible. Besides giving the explanation of If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.?, a detailed solution for If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? has been provided alongside types of If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? theory, EduRev gives you an ample number of questions to practice If a sum of ₹25600 amounts to ₹36450 in ‘t’ years at the rate of 25% p.a. compounded half yearly, then find the value of ‘t’.? tests, examples and also practice Class 9 tests.
Explore Courses for Class 9 exam

Top Courses for Class 9

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev