principal is 8000rs rate is 6% time is 3years find the amount and compound interest
Answers
Answered by
0
Answer:
Answer
Open in answr app
Correct option is
A
2648
Here, P= Rs. 8000,R=10% per annum and n=3 years
Using the formula, A=P(1+100R)n
Amount after 3 years =8000×(1+10010)3
=8000×1011×1011×1011
=10648
Thus, amount after 3 years = Rs. 1648.
And compound interest = Rs. (10648−8000)=2648.
Answered by
2
Step-by-step explanation:
2648 is the correct answer
Similar questions