Question

Find the amount on a sum of Rs 8000 at 5%per annum for three years compounded annually.​

Answer 1

Answer:

We will be take SI

Simple interest = p×r×t ÷100

SI= 8000 ×5×3 ÷100

SI = 80 ×5×3

SI = 1200

so Amount = SI + Principal

Amount = 1200+ 8000

Amount = 9200

Answer .!!!!