Question

the compound interest on 8000/- at 5% p. a for 3years is​

Answer 1

Answer:

9261

Step-by-step explanation:

Answer 2

Answer:

₹ 1261

Step-by-step explanation:

P= 8000

R= 5%

T= 3 years

Amount = P( 1+R/100)T

Amount = 8000(105/100)³

Amount = 9261

C.I = Amount- principal

Hence C.I = 1261