Question

Find the annual rate of compound interest at which rupees 8000 will become rupees 10648 after 3 years

Answer 1

Answer:

$78x13 \sqrt{.13 = = \sqrt[.21.11x33]{?} } {..33}^{2} \\ \\ \\ \times \frac{?}{?}$

Answer 2

Step-by-step explanation:

Here, P = Rs 8000, R =10% per annum and n =3 years. = Rs 10648. Thus, Amount after 3 years = Rs 10648. Example 2: Rakesh lent Rs 8000 to his friend for 3 years at the rate of 5% per annum compound interest