Question

50000 were lent for 2 and half years at 8% p.a. compound interest. Find the compound interest to be paidat the end​

Answer 1

Answer:

P=50,000

V=8

T=3

A=P(1+

100

R

)

T

A=50,000(1+

100

8

)

3

A=50,000(

100

108

)

3

A=62,985Rs

CI=A−P

CI=62,985−50,000

CI=Rs12,985

Answer 2

Answer:

Hope it will help you..