1.

P= 25,000 ; r = 12% p.a.; n = 3 yearscompound interest and plz no scams​

Answer»

ANSWER:

P = RS. 25000, n = 3 YEARS, r = 12% p.a

∴ Amount =P(1+

100

r

)

n

=Rs.25000×(1+

100

12

)

3

=Rs.25000×(

100

112

)

3

=Rs.25000×

25

28

×

25

28

×

25

28

=Rs.35123.20

∴ COMPOUND interest =Rs.(35123.20−25000)=Rs.10123.20



Discussion

No Comment Found

Related InterviewSolutions