Math, asked by shayanbhadra, 5 months ago

1. Find the compound interest on 12,000 for 3 years
at 10% per annum compounded annually​

Answers

Answered by shikhavishvakarma5
3

Step-by-step explanation:

solution in pic you should understand

Attachments:
Answered by aayushsharma7956
0

Answer:

THE CI TO BE PAID IS ₹3972

Step-by-step explanation:

PARAMETERS GIVEN,

PRINCIPAL = ₹12,000

RATE% = 10%

TIME = 3 YEARS

SO,

WE KNOW,

A = P(1+R/100)ⁿ

   = 12000(1+10/100)³

   = 12000(11/10)³

   = (12000*11*11*11)/10*10*10

   = 12*1331

   = ₹15,972

SO,

CI = A-P

    = ₹15972 - ₹12000

    = ₹3972

I HOPE YOU UNDERSTOOD THE QUESTION!!!

                                   !!!JAI SHREE KRISHNA!!!

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