Question

A man invest Rs 46875 at 4% P.a compound intrest for 3 yrs calculate the intrest for the first year.​

Answer 1

Step-by-step explanation:

Principal (P)=₹46875

Rate of interest (R)=4%per annum

Time(T)=1 year

[text]PRT= \frac{₹46875 \times 4 \times 1}{100} \\ \: \: \: \: \: \: \: = \frac{₹187500}{100} \\ \: \: \: \: \: \: \: = ₹1875[/tex]

Answer 2

Answer:

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