Find the compound interest on a principal which yields ₹1470 as the simple interest in 3 year at 7%p.a.
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Answer:
= ₹ 102.9
Step-by-step explanation:
Amount = P( 1 + R%)^n
Amount = 1470 (1+7/100)³
= 1470 ( 107/100)
= ₹ 1572.9
Compound Interest= A - P
= 1572.9 - 1470
= ₹ 102.9
MARK IT AS BRAINLIEST
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