Question

If the amount is Rs.4000
and principal is Rs. 3192 then
find the compound interest​

Answer 1

Answer:

• The compound interest is Rs 808.

Step-by-step explanation:

Given that:

• Amount = Rs 4000
• Principal = Rs 3192

To Find:

• The compound interest.

Finding the compound interest:

We know that.

Compound interest = Amount - Principal

Compound interest = Rs 4000 - Rs 3192

Compound interest = Rs 808

Know more:

In compound interest.

1. A = P(1 + R/100)ᵀ
2. CI = A - P

In simple interest.

1. A = P + SI
2. SI = (P × R × T)/100

Where,

• A = Amount
• CI = Compound interest
• SI = Simple interest
• P = Principal
• R = Rate of interest
• T = Time

Answer 2

Question:-

• If the amount is Rs.4000 and principal is Rs. 3192 then find the compound interest.

To Find:-

• Find the compound interest.

Solution:-

$\tt\implies \: \: Compound \: Interest = Amount - Principal$

$\tt\implies \: \: 4000 - 3192$

$\tt\implies \: \: 808$

Hence ,

• Compound Interest is ₹ 808