Question

Find the amount and compound interest on Rs 16,000 in 3 years at 10% perannum.

Answer 1

Answer:

1- For 1st year. P = Rs. 16000. R = 10% T = 1 year. I = 16000 × 10 × 1 100 = Rs. 1600. ...

2- For 2nd year, P = Rs. 17600. R = 14% T = 1 year. I = 17600 × 14 × 1 100 = 246400 100 = Rs. 2464. ...

3- For 3rd year, P = Rs. 20064. R = 15% T = 1 year. I = 20064 × 15 × 1 100 = 3009.60. Amount after 3 years = 20064 + 3009.60 = Rs.

Step-by-step explanation:

please make me brainliests

Answer 2

Amount = Rs. 21,296

C.I. = Rs. 5,296