Find the compound interest on Rs. 25,000 at an interest of 10% per annum for 2
years.
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1
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What will be the compound interest (nearest to ₹1) on a sum of ₹25,000 for 2 years at 12% p.a., if the interest is compounded 8-monthly ? As per the given question, Sum of amount =25000Rs. Hence the required compound interest = 31493 − 25000 = 6493 R s .
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Answer:
8275 Is The Interest On Rs. 25,000
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