Find the amount and the compound interest if the interest is compound yearly ₹8000 for 3 years at 15%per annum
Answers
Answered by
11
Answer:
amount=p(1+r/100)^n
=8000(1+15/100)^3
=8000(115/100)^3
=₹12167
CI=A-P
=12167-8000
= ₹4167
Similar questions
Physics,
5 months ago
Chemistry,
5 months ago
English,
5 months ago
CBSE BOARD X,
10 months ago
Math,
1 year ago