The sum for 2 years gives a compound interest of Rs 3225 at 15% rate the sum is
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principal = €3225
time = 2years
rate = 15%
amount = p(1+r/100)t
= 3225(1+15/100)2
= 3225×23/20×23/20
= 4265.06
CI = (amount - peincipal)
= (4265.06 - 3225)
= 1040.06 answer.....
time = 2years
rate = 15%
amount = p(1+r/100)t
= 3225(1+15/100)2
= 3225×23/20×23/20
= 4265.06
CI = (amount - peincipal)
= (4265.06 - 3225)
= 1040.06 answer.....
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