Question

find the intrest on a sum of ₹ 8250 for 3 years at the rate of 4 % per annum​

Answer 1

Answer:

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Step-by-step explanation:

SIMPLE INTEREST =PRINCIPAL*R/100*TIME

Therefore = 8250*8/100*3

therefore the answer is 1980

Answer 2

Answer:

If you are looking for simple interest then,

Simple Interest = P×R×T/100

= 8250×4×3/100

= 165×2×3

= ₹990

If you are looking for compound interest then,

Amount = P(1+R/100)^n

= 8250(1+4/100)³

= 8250×104/100×104/100×104/100

= ₹9280.128

Compound Interest = A - P

= ₹9280.128-₹8250

= ₹1030.128