Question

what amount should be paid if principal is Rs. 8000 for 3 years intrest is 8%​

Answer 1

Answer:

Rs. 9613

Step-by-step explanation:

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Answer 2

Answer:

Step-by-step explanation: Here, P= Rs. 8000,R=10% per annum and n=3 years

Using the formula, A=P(1+

100

R

​

)

n

Amount after 3 years =8000×(1+

100

10

​

)

3

=8000×

10

11

​

×

10

11

​

×

10

11

​

=10648

Thus, amount after 3 years = Rs. 1648.

And compound interest = Rs. (10648−8000)=2648.

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