Question

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

Answer 1

Answer:

please write this question in Hindi

Answer 2

Step-by-step explanation:

Given:- Principal (p) = Rs. 15625

Rate of interest (r) = 4% per annum

Time (t) = 3 years

$amount \: = p( {1 + \frac{r}{100} })^{n}$

$= 15625( {1 + \frac{4}{100} })^{3}$

$= 15625( { \frac{100 + 4}{100} })^{3}$

$= 15625( { \frac{104}{100} })^{3}$

$= 15625 \times \frac{104}{100} \times \frac{104}{100} \times \frac{104}{100}$

$= 17576$

Amount = Rs. 17576

Compound Interest = Amount - Principal

= Rs. ( 17576 - 15625 )

= Rs.1951

Amount =Rs. 17576

Compound Interest = Rs. 1951