Question

find the amount and the compound interest of rupees 8000 for 3 years at 15% per annum​

Answer 1

Answer:

The answer is

27600

Answer 2

Step-by-step explanation:

Principal =rs.8000

Time=3 years

Rate=15%per annum

Amount = P{1+R/100}*t

8000{1+15/100}*3

8000{100+15/100}*3

8000{115/100}*3

8000×115/100×115/100×115/100

=12167

therefore Amount = rs.12167

and compound interest = Amount - Principal

= 12167-8000

= 4167

therefore compound interest = rs.4167