Question

using the formula calculate the amount and the compound interest on each the following
percentage = ₹2500
rate = 8%
n = 3years​

Answer 1

Answer:

Simple Interest = PNR/100

Step-by-step explanation:

=(2500*3*8)/100

=60000/100

=600

Answer 2

Answer:

(2500*8*1) /100=200

2500+200=2700

(2700*8*1) /100=216

2700+216=2916

(2916*1*8) /100=233.28

2916+233.28=3149.28