Question

find the compound interest at the rate of 5%per annum for 3 years on that principal which in 3 years at the rate of 5%per annum gives Rs 1200 as the simple interest​

Answer 1

Answer:

Here,

P= 1200

R= 5%

T= 3 Years

Simple Interest= P×T×R

                             100

                       = 1200×5×3

                             100

                     =Rs 180