Find the amount and compound interest on Rs. 40,000 in 3 years at 7.5% per annum.
Answers
Answered by
0
Answer:
rupees in 150000 come here
Answered by
0
Answer:
15507 rupees
Step-by-step explanation:
Principal=64000
Rate=7.5%p.a
Time=3years
Where r is the rate and t is the time.
CI=64000(1+7.5/100)
3
−64000
=64000(1+75/1000)
3
−64000
=64000(1+3/40)
3
−64000
=64000(43/40)
3
−64000
=64000∗43/40∗43/40∗43/40−64000
=43∗43∗43−64000
=79507−64000
=15507
Hence CI will be 15507 rupees
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