Question

find the compound interest on ₹25,000 at the rate of 12% per annum for three years

Answer 1

Answer:

C.I=amount-principal

Amount= principal*(C.R)^n

Amount=25000*(112/100)^3

25000*112/100*112/100*112/100

35123.2

C.I= amount -principal

35123.2-25000

Rupees 10123.2