Question

The compound interest of Rs 1500 @ 5% p.a for three years is तीन वर्षांसाठी 1500 @ 5% प्रति वर्ष चक्रवाढ व्याज किती?​

Answer 1

Answer:

Answer is around: Amount = 1736.4375 and CI = 236.4375

Explanation:

Using the formula to find out Amount,

A=P(1+R/100)³

Where,

P=1500

R=5

Replacing the variables,

A=1500(1+5/100)³

=1500(1+1/20)³

=1500×21/20×21/20×21/20

=27783/16

=1736.4375= Amount

CI=1736.4375-1500=236.4375