Question

compound interest of Rs12500 at 4% for 3 years​

Answer 1

12500×4×3÷100

125×12

1500

\therefore sp=1500 rs

Answer 2

Answer:

Principal = Rs12500

Rate = 4%

Time = 3years

Amount = P(1+r/100)^n

Amount = 12500(1+4/100}^3

Amount = 12500(1+1/25)^3

Amount = 12500(26/25)^3

Amount = 12500 × 26/25 × 26/25 × 26/25

Amount = 219700000/15625

Amount = Rs 14060.8

Compound Interest = Amount - Principal

Compound Interest = Rs14060.8 -

Rs12500

Compound Interest = Rs 1560.8