I need very mach help see in picture. sixtheenquestions.
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Given rate of interest = 5%, Time = 3 years, Simple interest = 1200
We know that Simple Interest I = PRT/100
= > 1200 = (P * 5 * 3)/100
= > 120000 = 15P
= > 8000 = P.
Now,
Principal = 8000, Time n = 3 years, R = 5%.
We know that Amount A = P(1 + r/100)^n
= > A = 8000(1 + 5/100)^3
= > A = 8000(1 + 1/20)^3
= > A = 8000(21/20)^3
= > A = 8000(9261/8000)
= > A = 9261.
We know that compound interest C.I = A - P
= > 9261 - 8000
= > 1261.
Therefore, the compound interest = 1261.
Hope this helps!
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hope it help you . friend now I will give wright answer only
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