Question

find the CI on Rs 8000 for 3 years if the rate for 3 years at 4% 5% 10% respectively​

Answer 1

Solution:

Principal for the first year = Rs 3,000

Interest for the first year=Rs3,000 x 5 x 1100 = Rs 150

Amount at the end of the first year = Rs 3,000 + Rs 150 = Rs 3,150

Principle Interest for the second year=Rs 3,150 x 5 x 1100 = Rs 157.50

Amount at the end of the second year = Rs 3307.50

Compound interest=Rs 3,307.50 – 3,000 = Rs 307.50

Answer 2

Step-by-step explanation:

find the ci on 80000 for 3 years if the rate of three years 4% 5% and 10 %