Question

asha deposite 8000 at 5% compound interest for 3years in state bank of india . what will she get back at the expiry of the period​

Answer 1

I = ?

p = 8000

t= 3 years

r=5℅

I =pxtxr/100

=8000x3x5/100

=240×5

= 1200

I= ₹1200