Question

24 and -6
26 and -5
1 point
Calculate the amount and the
Compound Interest on Rs.
6000 in 3 years at 5% per year.​

Answer 1

Answer:

first case

p=Rs 6000

T=1 year

R=5%

SI= (p*t*r)/100

SI=(6000*1*5)/100

SI= RS 300

AMOUNT=PRINCIPAL+INTEREST

AMOUNT=6000+300

AMOUNT=6300

SECOND CASE

SI= (6300*1*5)/100

SI= RS 315

AMOUNT= 6300+315

AMOUNT= 6615

THIRD CASE

SI= (6615*1*5)/100

SI=330.75

AMOUNT= 6615+330.75

AMOUNT=RS 6945.75

SO COMPOUND INTEREST=6945.75 - 330.75

=RS 6615

AND AMOUNT IS RS 6945.75