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5768 İn 3 years?5.At what rate per cent pa. will the compound interest on 27000 amount to |
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Answer» compound interest = 5768initial sum = 27000 =pso total amount = 32768we have to find interest percentage=r=?n=3 yearsso total amount = p(1+r/100)^332768=27000*(1+r/100)^3(1+r/100)^3=(32768/27000)=(32/30)^31+r/100=32/30r/100=2/30so r=200/30=6.67% |
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