The compound interest accrued on an amount of rs 25500 at the end of three yearscis rs 25500 at the end of three years is rs 8440.50
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Total amount after end of three years = 25500 + 8440.5 = 33940.5.
Now,
A = P*[1+ (r/100)]^n
33940.5. = 25500 *[ (100 +r/100)]^3
33940.5/25500 = [ (100 +r/100)]^3
[ (100 +r/100)]^3 = 1.331
(100 + r)/100 = 1.10
r +100= 110
r = 10.
Simple Interest = PTR/100 = (25500*3*10)/100 = Rs. 7650.
Now,
A = P*[1+ (r/100)]^n
33940.5. = 25500 *[ (100 +r/100)]^3
33940.5/25500 = [ (100 +r/100)]^3
[ (100 +r/100)]^3 = 1.331
(100 + r)/100 = 1.10
r +100= 110
r = 10.
Simple Interest = PTR/100 = (25500*3*10)/100 = Rs. 7650.
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