Math, asked by SoulParth, 10 months ago

find the amount and compound interest on a sum of ₹15625 at 4% per annum for 3 years compounded anually.​

Answers

Answered by Itzraisingstar
0

Answer:

Hey mate here is your answer.//

Step-by-step explanation:

Lets see your answer !!!!

Given that,

P = ₹15,625,

R = 4 % p.a,

T = 3 years,

Solution,

A = P(1 + R/100)^n,

= 15,625(1 + 4/100)^3,

= 15,625(100 + 4/100)^3,

= 15,625(104/100)^3,

= 15,625(26/25)^3,

= 15,625 × 17,576/15,625,

= ₹17,576,

C.I. = A - P,

= ₹(17,576 - 15,625),

= ₹1,951.

Hope it helps you,//

Please do mark me as Brainliest.//

Answered by Anonymous
6

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