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- Principle = Rs.256 0per quarterly
- Rate of Interest = 100% per annumn
- Time = 1 year
- Amount
- Compound Interest
The Principle is 256 per quarterly,
As we know that,
So,
- Hence, The rate of Interest 25% per quarterly
- Principle = Rs.256 per quarterly
- Time = 4 quarterly
- Rate of Interest = 25% per quarterly
- Substituting the values
- Hence, The Amount is Rs.625
- Substituting the values
- Henceforth,The Compound Interest is Rs.369.
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