Question

Compound interest on Ruppes 25000 at 10% per annum for 3 years is
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Answer 1

Answer:

Step-by-step explanation:

7500

Answer 2

Step-by-step explanation:

Principal=P= Rs 25,000

Interest = Rs 8275

Amount A= 33,275

Rate of interest = 10%

Deposit period= n= ?

We know A= P(1.10)ⁿ

Taking logirthm on both sides we get,

n= log(A/P)÷ log(1.1)

n = log(33275/25000) ÷ log(1.1)

n =3.

So Rs.25,000 at 10% compound interest, in 3- years it will

fetch an interest of Rs. 8275.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

(OR)

A= P(1.1)ⁿ

33275 = 25000 (1.1)ⁿ

(1.1)ⁿ = 33275/25000 = 1.331= (1.1)³

So n= 3- years.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

compound interest on Rs 25000 for 3 years at 10% per annum, compounded annally. Answer : Rs 8275.

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