1. Find the Simple interest on Rs 15625 for 2 years at 8 % per anum.
please give the right answer tomorrow is my test I am pripering for this
Answers
Answered by
7
Answer:
We know,
Amount after 3 years =P(1+
100
r
)
3
=15625(1+
100
8
)
3
=15625(1+
25
2
)
3
=15625(
25
27
)
3
=15625×
25
27
×
25
27
×
25
27
= 19,683
Now, Compound interest =A−P=19,683−15,625
= 4,058
Step-by-step explanation:
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