Question

Find the amount & compound interest on 25000 for 3 years rate of 15percent per annunciation? ​

Answer 1

Answer:

CI = 25000 (1 +15/100)3-25000

= 25000x(115/100)3-25000

38022-25000 = Rs.13022. Ans

Answer 2

Answer:

170.625

Intrest of 1st year= 25000×15×1/100=₹ 3750

Amount end of frist year and principal of 2nd year

25000+3750=28750

Interest of 2nd year=28750×15×1/100=₹862.5

Amount end of 2nd year and principal of 3rd year

28750+862.5=29612.5

Intrest of 3rd year= 296125×15×1/1oo×10=₹4441.875

Amount of 3rd year =29612.5-4441.875=25170.625

C.I =25170.625-25000=170.625