the simple interest on a certain sum of money for 3 years at 5% per annum is rs 1200.fimd amount due and compound interest on this sum of money at the same rate after 3years , intrest Reckoned annually
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Step-by-step explanation:
1,200, n = 3 years. The amount due and the compound interest on this sum of money at the same rate and after 2 years. ⇒ C.I. = 820.
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Time =3years
Interest rate=5%
principal=1200
I=p/Ixt
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