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Answered by
5
Answer:
Amount = 45254, CI = 11254
Step-by-step explanation:
P = 34000, Time = 3 years, R = 10%
A = P(1 + r/100)^n
= 34000(1 + 10/100)³
= 34000(110/100)³
= 45254
C.I = A - P
= 45254 - 34000
= 11254
Hope it helps!
Answered by
5
Find the amount and compound interest on Rs. 34000 for 3 years at the rate of 10 percent per annum.
PRINCIPAL= 34000 ;
TIME = 3 years ;
RATE = 10% p.a.
AMOUNT = Rs.45254
COMPOUND INTEREST = Amount – Principal
= 45254 – 34000
= Rs. 11254
AMOUNT = Rs. 45254
COMPOUND INTEREST = Rs. 11254
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