Question

calculate the amount and the compound interest on Rs.25000 for 3 years, compounded annually, the rates of interest for the successive years being 8%, 9%, and 10% respectively.

Answer 1

Answer:

C.I = 7373 and Amount= 32373

Step-by-step explanation:

Details of Interest is as follows

@8% of 25000 = 2000

@9% of 27000 = 2430

@10% of 29430 = 2943

Interest = 7373

Amount = 32373