Question

Sedicone B
What will be the compound interest of
after 3 year at the rate of 12% per annum ?
on is sooo​

Answer 1

Answer:

P = Rs 25000, n = 3 years, r = 12% p.a ∴ Amount = P(1+ r 100 )n = Rs 25000 x(1+ 12 100 )3 = Rs 25000 x ( 112 100 )3 = Rs 25000 x 28 25 × 28 25 × 28 25 = RS 35123.20 ∴ Compound interest = Rs (35123.20 – 25000) = Rs 10123.20