Math, asked by kumarakshit, 2 months ago

calculate the amount of rupees 31250 at the end of to 2 and half years compounded annually at 8% per annum
the answer is 37908
please show it step by step

Answers

Answered by shubha588

2

P=Rs. 31250,R=8%,T=2times

4

3

,A=?

A=P(1+)

100

R

⇒31250×

100

108

×

100

108

×

100

106

⇒Rs.38637

C.I=A−P

=38637−31250=Rs.7387

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