Question

Pincipal = 50000, Rate 12% per annum time2.25 years find the the Compound Intrest​

Answer 1

➤ Given :-

Principle (P) :- ₹50000

Rate of Interest (R) :- 12%

Time (T) :- 2.25 years

➤ To Find :-

Compound interest of the given problem....

➤ Formula :-

${\orange {\bf {\underline {\underline {P×R×T÷100+P}}}}}$

➤ Solution :-

$\longrightarrow \sf \: \frac{P \times R \times T}{100} + P$

$\longrightarrow \sf \: \frac{50000 \times 12 \times 2.25}{100} + 50000$

$\longrightarrow \sf \: \frac{ \cancel{50000} \times 12 \times 2.25}{ \cancel{100}} + 50000$

$\longrightarrow \sf \: \frac{500 \times 12 \times 2.25}{1} + 50000$

$\longrightarrow \sf \:13500 + 50000$

$\longrightarrow \sf \:63500$

$\Huge\therefore$The compound interest is ₹63500.