find the amount and compound interest on ₹ 1500, compounded annually the rate of interest being 5%,8% and 10 % resp. for 3 successive years...???
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p=1500rs
amount=1500(1+0.05)(1+0.08)(1+0.1)=1871.1
ci=amount-p=1871.1-1500=371.1rs
amount=1500(1+0.05)(1+0.08)(1+0.1)=1871.1
ci=amount-p=1871.1-1500=371.1rs
divya191:
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answers 18711 ₹, 3711 ₹
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(i) CI = P*R*T/100
= 1500*5*3/100 = 225
(ii) CI = 1500*8*3/100 = 360
(iii) CI = 1500*10*3/100 = 450
= 1500*5*3/100 = 225
(ii) CI = 1500*8*3/100 = 360
(iii) CI = 1500*10*3/100 = 450
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