smt. Ghuley invested Rs. 10,000 at the rate of 7.5% interest for 3 year.find the compound interest
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Answer:
Rs. 12250
Step-by-step explanation:
according to question,
P = 10000 rupee
R = 7.5 or 75/10
T = 3
Interest (I) = P*R*T/100
= 10000*75*3/10*100
= 10000*225/1000
= 10*225
= 2250 rupee
Compound Interest = P+I rupee
= 10000+2250 rupee
= Rs 12250
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