Rs 200 for 3 years at the rate of 3% find the compound interest
Answers
Answered by
1
Answer:
so to pay is Rs 218
because
3% of 200 is 6
and to pay is Rs 200
and because the interest is per year so
6*3= Rs 18
and 200+18= Rs 218
Hey pls make me brainliest
Answered by
1
Answer:
Rs 18.54
Step-by-step explanation:
CI= P{(1+R/100)t-1} ( t is the power)
= RS 200 {(1+3/100)3 -1} (again 3 is the power)
= RS 200 {(1.03)3 -1} ( 3 is the power)
= RS 200* 0.092727
= RS 18.54
P.S. sorry about the power, I'm using phone so can't write
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