Question

find the compound interest on rupees 5000 at 8% per annum for 3 years

Answer 1

given . P=5000 ,T=3, R=8

C.I=Amount-Principal

Amount=(1+R/100)*P
". =(1+8/100)*5000
". =(27/5)*5000
". =5400
C.I= 5400-5000
". =400
I hope it will help you