Question

Find the compound interest ₹31250 at 8% per annum for 11/4
years.​

Answer 1

Answer:

P=Rs. 31250,R=8%,T=2times 3/4 A=?

A=P(1+ R/100)

⇒31250(1+ 8/100 )^2^3/4

> 31250 x 108/100 x 108/100 x 106/100

> Rs. 38637

C.I = A - P

= 38637-31250 = Rs. 7387.