find the compound and compound interest on rupees 2500 for 3 years at 10% compounded annually
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bhosdi wale
Answers
Answered by
3
Solutions :-
We have,
Principle = p = Rs 2,500
Time = t = 3 years
Rate = r = 10% p.a
Compound Interest = C.I = ?
Amount = A = ?
Find the Amount :-
A = p (1 + r)^t
= 2500 (1 + 10%)³
= 2500 (1 + 0.10)³
= 2500 (1.10)³
= 2500 × 1.331
= 3327.5
Find the Compound Interest :-
C.I = A - p
= Rs ( 3327.5 - 2500)
= Rs 827.5
Answer : Amount = Rs 3327.5
Compound Interest = Rs 827.5
We have,
Principle = p = Rs 2,500
Time = t = 3 years
Rate = r = 10% p.a
Compound Interest = C.I = ?
Amount = A = ?
Find the Amount :-
A = p (1 + r)^t
= 2500 (1 + 10%)³
= 2500 (1 + 0.10)³
= 2500 (1.10)³
= 2500 × 1.331
= 3327.5
Find the Compound Interest :-
C.I = A - p
= Rs ( 3327.5 - 2500)
= Rs 827.5
Answer : Amount = Rs 3327.5
Compound Interest = Rs 827.5
Answered by
0
Step-by-step explanation:
Question:-
- Find the compound interest annually of rupees 2500 at 12% of rate for 3 years ?
Given:-
%
Equation used:-
Solution:-
Hence, the compound interest annually of rupees 2500 at 12% of rate for 3 years is 1, 012.32
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