5) If the amount is Rs.3192 and principal is Rs.2192 then
find the compound interest.
Answers
Answered by
1
Answer:
Answer:
The compound interest is Rs 808.
Step-by-step explanation:
Given that:
Amount = Rs 4000
Principal = Rs 3192
To Find:
The compound interest.
Finding the compound interest:
We know that.
Compound interest = Amount - Principal
Compound interest = Rs 4000 - Rs 3192
Compound interest = Rs 808
Know more:
In compound interest.
A = P(1 + R/100)ᵀ
CI = A - P
In simple interest.
A = P + SI
SI = (P × R × T)/100
Where,
A = Amount
CI = Compound interest
SI = Simple interest
P = Principal
R = Rate of interest
T = Time
Answered by
5
Answer:
Compound Interest = ₹1000
Step-by-step explanation:
CI = A-P
= 3192-2192
= ₹ 1000
hope that helps u :)
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