Find the compound Interest onb₹25000 for 3years at 10%per annum, compounded annually.
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Answered by
3
Answer:
⇒ A=P[1+
100
r
]
n
⇒ A=Rs.25,000×(
100
106
)
3
⇒ 25,000×
50
53
×
50
53
×
50
53
⇒ A=Rs.29,775.40
⇒ CI=A−P
⇒ Rs.29,775.40−Rs.25,000
∴ CompoundInterest=Rs.4775.40.
Answered by
0
this is the correct answer 100 per cent.
thanks.
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