Question

if principal rupees 31250 rate 8 percent p. a time 3 years then the amount compounded annually​

Answer 1

Answer:

Amount=p*(1+r/100)^n

=31250*(1+8/100)^3

=31250*(1+2/25)^3

=31250*(25+2/25)^3

=31250*(27/25)^3

=31250*19683/15625

=2*19683

=₹39366