Question

50000 rs for 2 1/2 years at 10% p.a.​

Answer 1

Given,

Principal, p = Rs.50000

Rate, r = 10%

Time, t = = = 2.5 years

Compound interest = ?

Amount = ?

We know that,

Amount = 63452.935 Thus, Amount = interest + principal

Interest - Amount - principal

= 63452.935 - 50000

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Compound Interest = 13452.935