Ramesh deposited 1.260 in his enviny bank nccount. Find the compound interest
earned by him after 3 years, if the rate of interest is 6% per annum and interest is
payable annually
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240.6
Step-by-step explanation:
6% = 6/100 = 3 /50
c.i = A - p
= 53/50 * 53/50 * 53/50 × 1260 - 1260
= Rs 240.6
if options are given then choose the one which is multiple of 3 .
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