Question

Find the compound intrest at the rate of 5 percent per annum gives rupees 12000 as simple intrest​

Answer 1

Answer:

12610.

Step-by-step explanation:

P = SI × 100

R×T

= 12000×100

5×3

= 80000

The principal is to be compounded annually

So,

A= P ( 1+ R )n

100

= 80000 ( 1+ 5 ) 3

100

= 80000 ( 1.05 ) 3

= 92610.

Now,

Cl = A - P

= 92610 - 80000

= 12610.

Thus the required compound interest is 12610.

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Answer 2

12610.

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