Math, asked by neelampandey241986, 5 months ago

find the amount and compound interest on ₹12000 for 3 years 6%per annum

Answers

Answered by nautiyalkrish25

3

Answer:

Amount after 3 years = P(1+

100

r

)

3

= 12000×(1+

100

5

)

3

= Rs. 13891.50

C.I. = Amount − Principal

C.I. =13891.50−12000

= Rs. 1891.50

Thus, compound interest is Rs. 1891.50.

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