Question

Find the amount and the compound interest on ₹ 25000 for 3 years at 10% per annum, compounded annually.​

Answer 1

Answer:

Find the amount and the compound interest on ₹ 25000 for 3 years at 10% per annum, compounded annually.

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Step-by-step explanation:

P = ₹25000 ; R = 10% ; T = 3 years

$I = \frac{PRT}{100}$

$= 7500$

$Amount =₹ \: 25000 + 7500$

$= ₹ 32500$