Question

Find the compound interest on Rs. 12000 for 3 years at 10% per annum compounded annually. *
1 point
a) 3672
b) 3772
c) 3872
d) 3972




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Answer 1

Answer:

the answer will be 15972 ...

Answer 2

A=P(100×r/100)n

=12000(100×10/100)3

=12000×110/100×110/100×110/100

=12×11×11×11

=15972

C.I= A-P

=15972-12000

=3972