Question

Compound interest on ₹200 at 15% p.a. compounded annually for 3 years is __________ a) ₹104.175 b)₹930 c) ₹100 d) ₹ 110.75​

Answer 1

Answer:

₹304.175

Step-by-step explanation:

P= ₹ 200, R= 15% p.a, T= 3yrs

A=P(1+R)³

A= ₹200 (1+15/100)³

A= ₹200 (115/100)³

A= ₹200 × 23/20 × 23/20×23/20

After Simplifying,

A= ₹304.175

C.I = ₹(304.175–200)

= ₹104.175

THE ANSWER IS (a) ₹104.175 In COMPOUND INTEREST

HOPE IT HELPS..MARK AS BRAINILIST ♥️♥️♥️♥️♥️♥️♥️♥️♥️