Question

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

Answer 1

$\huge\red{Answer\: is}$

P = ₹ 15625
R = 4% p a
T = 3 year C.A. =n =3

A = P(1+R/100)^n
$= 15625(1 + \frac{4}{100} ) {}^{3} \\ = 15625( \frac{26}{25} ) {}^{3 } \\ = 15625 \times \frac{26 \times 26 \times 26}{25 \times 25 \times 25} \\ = 17576$

So A = ₹ 17576

Now CI = A - P
$= 17576 - 15625 \\ = 1951$

So CI is ₹ 1951

Hope it helps you

Answer 2

Answer:

Step-by-step explanation:

Mark me brainliest plzz