Question

find the rate of compounds intrest if rs. 8000 amount to rs.10272 in 3 year​

Answer 1

Answer:

2648

Step-by-step explanation:

Here, P= Rs. 8000,R=10% per annum and n=3 years

Using the formula, A=P(1+  

100

R

​  

)  

n

 

Amount after 3 years =8000×(1+  

100

10

​  

)  

3

 

=8000×  

10

11

​  

×  

10

11

​  

×  

10

11

​  

 

=10648

Thus, amount after 3 years = Rs. 1648.

And compound interest = Rs. (10648−8000)=2648.

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