find the compound interest on rupees 12500 after 3 years if in interest is compounded annually at the rate of 20% per annum
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Step-by-step explanation:
P=Rs.12,500
T=3 years
R=8%,10%,10%,
A=?,C.I.=?
A=P(1+ R/100)T
=12500(1+ 8/100) (1+10/100) (1+10/100)
=12500 × 108/100 × 110/100 × 110/100)
= 125 × 108 × 121 /100
A=Rs.16,335
C.I.=A−P
C.I=16335−12500
C.I=Rs.3835
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