Find the amount and the compound interest (compounded annually) in each
(a) P = Rupees 1200, R = 5% p.a., n = 3 years .
Answers
Answered by
3
Answer:
a p= rupees 200000 meannemam R= 10 % pe. n = 4.5 years
Step-by-step explanation:
hope it help u
Answered by
9
Given
principal (p) = RS 1200
Rate of interest (R) =5%pa
Time (t)= 3years
TO FIND
amount
compound interest
Sol
amount = p(1 +R/100)ⁿ
substitute the value of principal ,rate and time
A = 1200 (1+5/100)³
A =1200 (1+1/20)³
A = 1200(21/20)³
A = 1200 ×21/20×21/2 ×21/20
A= 3×21×21×21/20
A =27783/20
rs= 1389.15
compound interest =AMOUNT- PRINCIPAL
CI =A - P
CI = 1389.15 - 1200
CI = 189.15
HENCE
AMOUNT = 1389.15
CI =189.15
may this help you
Similar questions