Question

find the compound interest on rupees 25000 at the rate of 12% per annum for 3 years

Answer 1

Principal = rs. 25000

Rate of interest = 12%

Time = 3 years

Amount = P (1+R/100)^T

Amount = 25000 (1+12/100)^3

Amount = 25000 * 28*28*28/25*25*25

Amount = ........

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Answer 2

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