10240 for 3 years at 12½% per annum compounded annually.
Answers
Answered by
24
Step-by-step explanation:
Given p=Rs. 10240
r=12
2
1
%⇒
2
25
%
Time=3 years
Amount=p(1+
100
r
)
t
=10240(1+
100
25/2
)
3
=10240(1+
8
1
)
3
=10240×(
8
9
)
3
=14,580
Amount=14,580
Attachments:
Answered by
7
Step-by-step explanation:
Principle =10240,Time=3yrs Rate=121/2%
Amount =₹{10240(1+25/2×100)³}
= ₹{10240(200+25/200)³}
={10240×225/200×225/200×225/200}
=₹14580
CI= 14580-10240
=4340
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