Question

Nupur bought a colour TV set for Rs 20,000 .If the shopkeeper charges interest at 15% per annum compounded annually, what C.I. will she pay after 3 years?

Answer 1

Step-by-step explanation:

the 3 year CI is 39675

plz brainliest

Answer 2

Answer:

Given,

p=20000

I=15%

n=3years

Step-by-step explanation:

Compound Interest =P(1+R/100)ⁿ

C.I=20000(1+15/100)³

C.I=20000(100×1+15/100)³

C.I=20000(115/100)³

C.I=20000(115/100×115/100×115/100)

C.I=2(23/20×115×115)

C.I=2(23/20×13225)

C.I=2×23/20×13225

C.I=23/2×2645

C.I=60835/2

C.I=30417.5