Question

The simple interest earned on a sum is ₹ 4500 for 3 years at the rate of 5%p a find the compound interest for the same sum if conpunded annually at same rate and for same time

Answer 1

Answer:

Step-by-step explanation:

SI = PTR÷100

4500=(P*3*5)÷100

P=(4500*100)÷15

P= Rs.30000

CI=Amount - Principal

P(1+r/100)^n -P

30000(1+5/100)^3 -30000

34728.75 - 30000

=4728.75

Answer 2

Answer:

this is the easy equation