p=12000,r=10% t=3 yrs.c.i.=???
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7
Answer:
Kala invested Rs. 12,000 in a business. She will be paid an interest at 10 % per annum compounded annually. Find the Amount and C I credited against her name after 3 years.
Principal(p)=Rs.12000
Rate(r)=10%per annum
Time(n)=3 years
Amount=????
C.I.=?????
C.I.=Amount-Principal
=15,972-12000
=Rs.3,972
Amount after 3 yrs.=Rs.15,972
C.I. after 3 yrs =Rs.3,972
Answered by
2
Given :
p(principal) = 12,000
r(rate) = 10%
t(time) = 3 years.
To find :
- The compound interest after substituting the given values.
Solution :
- We will take out the amount using the formula and then C. I.
Procedure :
We know that :
Substituting the given values :
We get amount :
A = 15,972
Required answer :
➠ C. I. = Amount - principal
➠ C. I. = 15,972 - 12,000
➠C. I. = ₹3,972 ans.
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