1.

what would be the compund interest accrued on an amount of Rs.8400 @ 12.5% at the end of 3 years?

Answer»

C.I = (1+R/100)T – Amount 

Put R=12.5% p.a Time = 3 years 

Amount = Rs 8400 

We get 

C.I = (1+12.5/100)3 – 8400 

C.I = 3560.16



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