Question

calculate the compound interest on rs25000 in 3 years when the rate of interest for 3 successive years is 6% , 10% and 8% p. a respectively
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Answer 1

Step-by-step explanation:

Principal= 25000

Time= 3 years

Rate= 6%

S.I = P×R×T

100

= 25000×3×6

100

= ₹ 4500

Principal=25000

Time= 3 years

Rate= 10%

S.I = P×R×T

100

= 25000×10×3

100

= ₹ 7500

Principal= 25000

Time= 3 years

Rate= 8%

S.I = 25000×3×8

100

= ₹ 6000