Math, asked by bhardwajavi4321, 10 months ago

find compound interest on 12500 for 1-1/4 year at rate of 8%

Answers

Answered by eeshanvasisht0

1

Answer:

Rs.1270

Step-by-step explanation:

P=12500

R=8%

T=1 1/4

CI=A-P

A=P[1+R/100]×T

A= 12500[1+8/100]×1 ×[1+8/100×1/4]

A=12500[1+2/25]×1 [1+1/50]

A=12500×27/25×51/50

A=270×51

A=Rs. 13770

CI=13770-12500

CI=Rs. 1270

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