Compound interest on ₹200 at 15% p.a. compounded annually for 3 years is __________ a) ₹104.175 b)₹930 c) ₹100 d) ₹ 110.75
Answers
Answered by
2
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 ♥️♥️♥️♥️♥️♥️♥️♥️♥️
Similar questions