Question

find the compound interest on rs 31250 at 8% per annum for 2¾years
and if you're able to give my answer in Notebook so please solve it in note book​

Answer 1

Step-by-step explanation:

ANSWER

P=Rs. 31250,R=8%,T=2times

4

3

,A=?

A=P(1+

100

R

)

⇒31250(1+

100

8

)

2

4

3

⇒31250×

100

108

×

100

108

×

100

106

⇒Rs.38637

C.I=A−P

=38637−31250=Rs.7387