find the compound interest on rupees 25000 at the 12% per annum for the three years
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Step-by-step explanation:
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Answer:
The Compound Interest is of Rs. 10123.2
Step-by-step explanation:
Given :
Money = Rs. 25,000
Rate = 12%
For = 3 years
To find :
Compound interest
Solution :
Here -
- Principal = Rs. 25,000
- Rate = 12%
- N = 3 years
Amount = Rs. 35123.2
Compound Interest = Rs. 10123.2
The Compound Interest is of Rs. 10123.2
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