Question

Ehat will be the compound inyrest on sum of 25000 after 3 years at rate of 12%per annum

Answer 1

$amount = principal ({1 + rate \div 100})^{time} \\ amount = 25000( {1 + 12 \div 100})^{3} \\ = 2500 \times 112 \div 100 \times 112 \div 100 \times 112 \div 100 \\ = 35123.20 \\ \\ compound \: intrest = amount - principal \\ = 35123.20 - 25000 \\ = 10123.20$
Answer is 10123.20