Question

Find the compound interest at the rate of 5% per.annum for 3 year on that principal which in 3 year at the rate of 5% per.annum gives Rs 1200 as simple interest

Answer 1

Answer:

SI =P ×R × T / 100

PRINCIPAL = SI × 100 / R×T

PRINCIPAL = 1200 × 100 / 5 × 3

Principal = 8000

Now we know that Principal is 8000 .

SI = P×R×T/100

SI = 8000 × 5 × 3 /100

SI = 120000 / 100

SI = 1200

Plz mark me as brainiest