Question

chalo bachon compound interest nikaalo:
Principal= 8000
Rate= 18%
Time= 3 years

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Answer 1

Answer:

8000 X 18 X 3 / 100

144000 X 3 / 100

432000 / 100

4320

Answer 2

Answer:

Principal = Rs . 8000

Rate = 18%

Time = 3years

Amount = P ( 1+ R/ 100) ^time

Amount = 8000 ( 1+18/100)³

Amount = 8000 ( 100+ 18 / 100)³

Amount = 8000 ( 118 / 100)³

Amount = 8000×118/100×118/100×118/100

Amount = Rs. 65721.28

Compound interest = Amount - Principal

= 65721.28 - 8000

= Rs. 57721.28