Question

principal is rs 5000
Rate of interest is 8 p.c.p.a
no. of years is 3 years​

Answer 1

Step-by-step explanation:

For simple interest

5000x8x3/100

=1200

For compound interest

P(1+R/n)nt

5000(1+0.08/1)³

=6298.56

Answer 2

Answer:

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