calculate the amount and the compound intreast on ₹8000 for 3 years at 15%p.a . intreast compounded anually
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Principal = 8000
Time = 3
Rate = 15%
CI = A = p(1+r/100)n
= 8000(1+15/100)3
= 8000×23/20×23/20×23/20
= ₹12167
CI =A - P
= ₹12167 - ₹8000
= ₹4167
Hope it's helpfull to uh..✌❤☺✌
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