Question

rupees 1200 lent at compound interest of 5% per annually compounded half yearly for one year will amount is

find the amount and compound interest on principal rupees 40,000 time three years rate of interest 8% annum
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Answer 1

Answer:

2nd question answer

Step-by-step explanation:

P= 40000. r= 8%. t= 3year

A= P (1× r/100)t

A= 40000(1×8/100)³

A= 40000(1×2/25)³

A= 40000×27/25×27/25×27/25

A= (64×27×27×27)/25

A= 50388.43

CI= A- P

CI= 50388.43- 40000

CI= 10388.43