Question

find the compound interest on rupess 25000 for three years ,if rate for first years is 10 percent, 12 percent for the second year and 15 percent for the third years p.a.​

Answer 1

Step-by-step explanation:

principal = 25000

R1 = 10% R2 = 12% R3 = 15%

Amount = P × ( 1+R1/100) × (1+R2/100) × (1+ R3/100)

= 25000× (1 + 10/100) ( 1+12/100)(1+15/100)

=25000× 110/100 ×112/100 ×115/100

= 35420

C.I = Amount - Principal

= 35420 - 25000

= Rs. 10,420