simple interest on a sum of money for 3 years at 1⅒% per annum is rupees 600 what will be the compound interest on that some at the same rate for the same period
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Step-by-step explanation:
Step-by-step explanation:Time=3years
Rate=1 1/10
P= 600
I=PTR/100
I=600* 3*11/100* 10
Now,By it Ok,
I= 99/5
Change it to mixed fraction
I= 19 4/5
Answer is 19 4/5
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