Question

Find the amount and the compound interest
on Rs. 34000 for 3 years at the rate of
10 percent per annum.​

Answer 1

Answer:

CI=amount-principle

A= p {1+(r/100)} ^t

 = 34000 {1 + (10/100) } ^ 3

 = 45254

AMOUNT= Rs 45254

COMPOUND INTEREST= 45254--34000

       = Rs 11254

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