Question

find the interest on a sum of 8250 for 3 years at the rate of 8%per annum

Answer 1

which compound or simple

Answer 2

Answer:

$\huge \fbox \color{deeppink}{AnSwEr}$

We have : P = ₹ 8250, R = 8% per annum, T = 3years

$\therefore \: S. I. = \frac{P×R×T}{100}$

$= ( \frac{8250 \times 8 \times 3}{100} ) = 1980$

Amount = Principal + S. I. = ₹(8250+1980)

= ₹10230

Step-by-step explanation:

Hope it helps