Math, asked by harshishah3888, 2 months ago

Question 16)
The compound interest on Rs. 1,000 for 3 years at the rate of 5% p.a. compounded yearly is Rs.

Answers

Answered by lakshmi209lucky

0

Answer:

157.625

Step-by-step explanation:

rate=5%=5÷100=1÷20

for 3 years,

1000×1÷20=50 50×3=150

50×1÷20=2.5 2.5×3=7.5

2.5×1÷20=0.125 0.125×1=0.125

150+7.5+0.125=157.625

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