Question

Mrs. Chopra invested rupees 75000 in a bank for 3 year at 6% p.a. compounded annually. What amount will she get after 3 year ?

Answer 1

75000 X 3 × 6 upon 100 = 88500

Answer 2

by using the formula of
p×r×t/100
75000×6×3/100
88500