Question

4) If Ramesh deposited rupees 1 p
25,000 at rate of interest
8p.c.p.a for one year he will get ______
as interest. *

2500
2000
1500
O 31000​

Answer 1

Step-by-step explanation:

A=P(1+R/100)^n

P=1250Rs

R=5%

n=3

A=1250(1+5/100)^3=1250×(21/20)3=1447.03Rs

A=P+C.I

C.I=A-P

C.I=1447.03-1250=197.03Rs