Math, asked by charanjeetkaurrai631, 5 hours ago

an amount of rupees 600 is compounded annually at the rate of 5% the amount to be paid after 3 years is

(a)Rs 694.57
(b)Rs 550.34.
(c) Rs 700.32​

Answers

Answered by sunprince0000
0

Answer:Principal = Rs.600

Rate = 5%

Time = 2 years

Amount = P(1+r/100)^t

=600(1+5/100)^2

= 600(100+5/100)^2

= 600(105/100)^2

=600×105/100×105/100

=66150/100

=661.5

COMPOUND INTEREST= AMOUNT - PRINCIPAL

= 661.5-600

= 61.5

Therefore, amount to be paid is 661 and C.I. is 61.

Step-by-step explanation:

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