Principal = Rs 62500, rate = 12 % p.a. and time = 2¹/2 years. Find the compound interest and the amount
Answers
Answered by
6
Compound interest = Rs.20470.76/-
Step-by-step explanation:
Given,
Principal, p = 62500
Rate , r = 12 %
Time, t = 2.5 years
By the formula of amount,
A = 82970.76
Amount = principal + interest
82970.76 = 62500 + interest
Compound interest = Rs.20470.76/-
Answered by
3
Answer:
Given,
Principal, p = 62500
Rate , r = 12 %
Time, t = 2.5 years
By the formula of amount,
A = p\times ( 1 + \frac{r}{100} )^{2.5}A=p×(1+
100
r
)
2.5
A = 62500\times ( 1 + \frac{12}{100} )^{2.5}A=62500×(1+
100
12
)
2.5
A = 62500 \times ( \frac{112}{100} )^{2.5}A=62500×(
100
112
)
2.5
A = 62500\times 1.3275A=62500×1.3275
A = 82970.76
Amount = principal + interest
82970.76 = 62500 + interest
Compound interest = Rs.20470.76/-
Step-by-step explanation:
please mark me to brain list
Similar questions