Question

Find the amount and the compound interest on ₹15,000 for 3 years at 10% per annum compounded annually.​

Answer 1

Answer:

Here, P = ₹ 15000, n = 3 years, r = 10% p. a.

A=P*R*N/100

1500*3*10/100

now

compoundinterest(c.i.)=A−P

=19965−15000=4965

Thus, the compound interest C. I. = ₹4965

Answer 2

Answer:

See this.

Step-by-step explanation:

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