Question

Find Interest to be paid after 3 years at 5% rate of interest p.a. at the sum of Rs. 3000

Answer 1

Answer:

ANSWER

CI=1,261,r=5%, T=3

CI=P[(1+

100

R

)

N

−1]

1,261=P[(1+

100

5

)

3

−1]=P(

20

21

×

20

21

×

20

21

−1)

1,261=P(

8,000

9,261

−1)

P=1,261×

1,261

8,000

=Rs8,000

Step-by-step explanation:

please mark my Brainliest

Answer 2

Answer:

450

Step-by-step explanation:

SI=P×R×T/100

3000×5×3/100

30×5×3

450