Question

find the compound interest on RS. 12500 after 3 years if interset is compounded annually at the rate of 20%​

Answer 1

Step-by-step explanation:

Q. 5. using the formula

Where,

p = ₹10,000

n = 3 years

r = 5%

$\sf \: A = 12,500(1 + \frac{20}{100} {)}^{3} \\ \sf \: A = 12,500 \times \frac{6}{5} \times \frac{6}{5} \times \frac{6}{5} \\ \sf \: \sf \: A = 100 \times 216\\ \sf \: A =21600 \: ans.$