Question

find the compound interest on rupees 3125 for 3 years if the rate of interest for the first second and third year are respectively 4% 5% and 6% per annum​

Answer 1

p= 3125

r= 4%

n(time) = 1yrs

SI = p x r x n / 100

= 3125 x 4 x1

______________

100

=125

amount = 3125 + 125= 3250.

for 2nd yrs=

p= 3250

r=5%

n=1 yrs

SI= p x r x n / 100

=3250 x 5 x 1

___________

10