Question

find the amount and compound interestof rupees 25000 for 3 years at the rate of 4percent per annum compounded annually​

Answer 1

Answer:

Step-by-step explanation:

A=P[1+  100 r  ]  n

 

⇒  A=Rs.25,000×(  100 106  )  3

 

⇒  25,000×  50 53 ×  50 53  ×  50 53

​  

 

⇒  A=Rs.29,775.40

⇒  CI=A−P

⇒  Rs.29,775.40−Rs.25,000

∴   Compound Interest=Rs.4775.40.  

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