Math, asked by rishabh789558, 8 months ago

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Answered by abhinavpandey8080
5

Answer:

Correct question:

Suresh deposited Rupee 1250 in his savings bank account. Find the compound interest earned by him after 3 years if if the rate of interest is 5% per annum and the interest is payable annually.

Solution:

Given:

Principal = Rupee 1250

Rate = 5%

Time (n)= 3 years

Formula used:

A = p(1+R/100)^n

= 1250(1 + 5/100) ^3

1250( 1+1/ 20)^3

1250(21/20)^3

1250× 21/20×21/20×21/20

11576250/1000

= 11576.25

Amount= 11576.25

Find:

Compound interest (CI)

CI= Amount- principal

= 11576.25- 1250

= 10326.25

Compound interest:

= 10326.25

And second question Like this you will do

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