Question

Find the amount if principal is Rs 1,25,000 and the rate of 8% per annum compounded quarterly for 1 year

Answer 1

Answer:

Principal=Rs 1,25,000

Rate= 8%

Time= 1 year

I =?

Step-by-step explanation:

I=PRT by 100

or,I= 1,25,00×8×1 by 100

or, I= 125×8

or, I= 1000

Ans= Interest is Rs 1000