Find the compound interest on ₹ 31250 at 8% per annum for 2
1
4
years.
Answers
Answered by
4
Answer:
rs.7387
Step-by-step explanation:
P=Rs.31250, R=8%per annum,T=2times 3/4,A=?
A=P(1+R/100)
=31250(1+8/100)²¾
=31250 ×b108/100 × 108/100 × 106/100
Rs.38637
S.I = A-P
=38637-31250
=Rs.7387
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