Principal = ₹4913
Rate = 6¼
Time = 3 years
Find compound Interest (annually).
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Principal = [4913 / (1 + 25/ (4 × 100))3]. => 4913 × 16/17 × 16/17 × 16/17 = Rs. 4096.
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principal = ₹4913
Rate = 25/4
time = 3 years
S.I = p × r × t / 100
S.I =₹ 4913 × 25/4 × 3 /100
S.I = ₹ 117.912 Answer
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