The amount after 3 years on a principal of Rs 64000 at the rate of compound interest 12.5 p.c.p.a is???
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we are given that,
N= period = 3 years
R = rate = 12.5 %
P = principal= 64000 rupees
amount = principal + interest..
according to given condition,
PRN /100 = I
64000 × 12.5 × 3= 100 I
interest = 24000
Amount = 64000 + 24000
AMOUNT = RS 88000
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