Question

3. Rs.3000 is lent at 5% compound interest per annum for 3 years. Find the amount and compound interest.​

Answer 1

Answer:

3000/3×5/100

1000×1/20

= 50

3000+50= 3050

Answer 2

Answer:

Interest = 450

Amount = 3450

Step-by-step explanation:

To finding Interest

Interest = 3000×5%×3

30×5×3

RS. 450 is Interest

Amount = 3000+450

Rs. 3450 is amount

I hope my answer will help you.