Find the compound interest Principal=20,000 Rate = 5 p.c.p.a Number of years = 3 years
Plzz tell me the answer in full solution...
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given that,
principle = 20,000 rs
rate = 5%
time = 3 years
we know that
C.I. = P (1 +r/100)^n - P
= 20,000 (1+ 5 / 100)³ - 20,000
= 20,000(21 / 20)³- 20,000
= 23,152.5 - 20,000
= 3152. 5 rs
principle = 20,000 rs
rate = 5%
time = 3 years
we know that
C.I. = P (1 +r/100)^n - P
= 20,000 (1+ 5 / 100)³ - 20,000
= 20,000(21 / 20)³- 20,000
= 23,152.5 - 20,000
= 3152. 5 rs
Rida111:
21/20³=??
(21/ 23)³ = (1.05)³
(1.05)³ = 1.157625
Ok
and this was multiplied by the principle
i.e 20,000
in the step of 1+5/100... 100 is only in the upon of 5 and 1 is separated no.
Thanks
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