Question

plzzz solve this questionn

Answer 1

Answer:

Amount = Rs. 12, 167

Interest = Rs. 4, 167

Step-by-step explanation:

When a sum is borrowed at compound interest,

A = P [ 1 + ( R / 100 ) ] ^n

A = amount

P = principal

R = rate

n = Time

As per the given information,

A = 8000 [ 1 + ( 15 / 100 ) ] ^3

A = 8000 [ 1 + ( 3 / 20 ) ] ^3

A = 8000 [ 23 / 20 ] ^3

A = 8000 [ 12167 / 8000 ]

A = Rs. 12, 167

Now,

C. I. = A - P

C. I. = 12167 - 8000

C. I. = Rs. 4, 167

Answer 2

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