Math, asked by Dinesh7717, 9 months ago

Compund Interest.

Find C.I when 10000₹ is invested for 1 year and 3 months at 8 1/2% (17/2%) per annum.

Answers

Answered by SohamAgarwal

0

Answer:

850 is the compound interest.

Step-by-step explanation:

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

= 10000 (1 + 17/200)^1

= 10000 (217/200)

= 2170000/200

= 10850

Compound Interest = Amount - Principal

= 10850 - 10000 = 850

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