Question

Find the compound interest. P = Rs. 3,000; Rate (p.c.p.a) = 4.5% ; N= 2 years. ​

Answer 1

Answer:

Problem 1.

 A sum of Rs. 25000 becomes Rs. 27250 at the end of 3 years when calculated at simple interest. Find the rate of interest.

Solution:

Simple interest = 27250 – 25000 = 2250

Time = 3 years.

SI = PTR / 100 → R = SI * 100 / PT

R = 2250 * 100 / 25000 * 3 → R = 3%.

 

Step-by-step explanation:

HOPE YOU LIKE IT:::***

Answer 2

Answer:

Rs.3552.15

Step-by-step explanation:

p=rs.3,000

R=4.5%p.a.

t=2 year

amount=p(1+R/100)t

amount =rs.6,552.15

C.I.=3552.15