Question

Mr.Ganeshinvests₹46875at4%perannum compoundinterestfor3years.​

Answer 1

for first year CI and SI both are same.

SI = (P * R * T) / 100 .

Now,

→ Amount after the first year = Principal for the second year

= P + SI = 46875 + 1875 = ₹48750 .