Question

A man invests rs 46875 at 10% p. a. compound interest for 3 years. Calculate(1)amount standing to his credit at the end second year. (2) the interest for the 3rd year. (3) amount at the end of 3rd year.

Answer 1

1 ) 9375 ₹.
2) 14062.5 ₹
3) 32812.5 ₹