Question

Rahul borrowed Rs125000at12%anual compound interest from a bank to buy car what। would be the total amount and the amount of interest after 3 years
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Answer 1

We know that,

$S.I= \frac{P×R×T}{100}$

Now,

$= \frac{125000 \times 12 \times 3}{100}$

$\: {\green{ \mapsto \cancel \dfrac{4500000}{100} = \boxed{\tt 45000}}}$

Total amount after 3 years is 4500000+45000=4545000