Question

find the compound interest on rupees 12500 in 1 1 /4 year at 8% per annum given that CI is compounded yearly​

Answer 1

SOLUTION :


Given,
Principal / P. = Rs. 12500
Rate / R. = 8% / annum
Time / T. = 11/4 = 4 years and 11/12 month
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‘A = P(1+R/100) to the power n’
=> A = 12500(1+8/100) to the power 4
=> A = 12500(108/100) to the power 4
=> A = 12500*108/100*108/100*108/100*100
=> A = 125*108*108/100*108/100*108/100
=> A = Rs. 17,006.112
—————————————————————
‘S.I. = P*R*T/100’
=> 17006.112*8*11/100*12
=> 179584.543
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C.I. = amount - principal
C.I. = Rs. (179584.543 - 12500)
C.I. = Rs. 167,084.543
—————————————————————
ANSWER = Rs. 167,084.543
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Answer 2

Answer:

₹1250

Step-by-step explanation:

P = ₹12500

T = 5/4

R = 8

S.I = P×R×T/100

= 12500×8×5/100

= ₹1250