calculate the amount and the compound interest for the following:-
Principal=rupees 62500; Rate=12%per annum; Time=2½years
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Principal =₹62500
Rate =12%p.a.
Time =2.1/2
Amount =p(1+R/100).n years
62500(1+12/100).2
62500(28/25).2
62500. 28/25. 28/25
78400
Interest= a-p
78400-62500
15900
S.I=p. R. T/100
15900.12.1/200
159.6
954
Total interest = 15900+954
=16854
A=62500+16854
=₹79354
Rate =12%p.a.
Time =2.1/2
Amount =p(1+R/100).n years
62500(1+12/100).2
62500(28/25).2
62500. 28/25. 28/25
78400
Interest= a-p
78400-62500
15900
S.I=p. R. T/100
15900.12.1/200
159.6
954
Total interest = 15900+954
=16854
A=62500+16854
=₹79354
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