Question

find the compound interest on 6000 in 3 years at 5 % per annum without using formula

Answer 1

Let sum be x.
We know that 
Cl = A - P
= P(1+R 100)n – P
= P[(1+R 100)n−1]
= 164 = x[(1+5100)2−1]
= 164 = x[(1.05)2−1]
= x = 1640.1025


x = 1600

Thus, the required sum is Rs 1600.

Answer 2

hey dear


==========


here is your answer


=====================


Principal = 6000


Rate = 5% p. a


Time = 3 years



Compound interest = A = P ( 1 + r / n )^t


C I. = A = 6000 ( 1 + 5 / 100.) ^3

CI = 6000 ( 1 + 0.05 ) ^3



CI = 6000 * 1.1


CI = rupee 6600



hence your answer is 6600


hope it helps


thank you