Question

Find the principal amount which becomes rs12000 after 15 years calculated in compound interest at 5% per annum

Answer 1

Answer:

Answer is 9000.

Step-by-step explanation:

here rs12000 is on interest on 5%

so 12000 × 5/100 then we get the per annum rs600.

so 600 × 15 = 9000 Answer