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 simple interest
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Answer 1

Step-by-step explanation:

hello here is your answer

Answer 2

Answer:

R=5%

T= 3 years

P=₹1200

Step-by-step explanation:

through CI

A=P(1+ R/100)3

=1200(1+ 5/100) 3

=1200(21/20)3

= 1200 (21/20) (21/20) (21/20)

= 27783/20

=1389.15

A=₹1389.15

CI=A-P

= 1389.15-1200

=189.15

ci is ₹189,.15

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