find the amount and compound interest on a sum of rs. 15625 at 4%per annum for 3 years
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Answered by
1
Answer:
Given, P=15625 Rs. R=14% per annum
t=3 years
A=P(1+
100
R
)
t
=15625(1+0.14)
t
=15625(1.4881544)=23149.125 Rs.
=23149.13 Rs.
CI=A−P
=32149.13−15625
=7524.13 Rs.
Step-by-step explanation:
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Answered by
0
7524.13 Rs.
Given, P=15625 Rs. R=14% per annum
t=3 years
A=P 1+(r/100)^t
=15625(1+0.14)^t
=15625(1.4881544)=23149.125 Rs.
=23149.13 Rs.
CI=A−P
=32149.13−15625
=7524.13 Rs.
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