Question

An amount of Rs. 1250 is compounded
annually at the rate of 20 % p.a. The amount
to be paid after 3 years would be ?​

Answer 1

Answer:

The amount to be paid after 3 years would be Rs.2160

Step-by-step explanation:

A = P(1+r/100)^n

A = 1250(1+20/100)^3

A = 1250 (1+1/5)^3

A = 1250 (6/5)^3

A = 1250*6/5*6/5*6/5

A = 270000/125

A = Rs.2160

Answer 2

Hope it helps you all...!!!!❤️