Question

What is the compound interest on a princopal at rs.25000after 3 year at the rate at 12%per annum

Answer 1

Answer:

PRINCIPAL 25000

RATE 12%

TIME 3 YEARS.

P(1+R/100)³

25000 (100+12/100)³

25000× 112/100×112/100×112/100

35123200000/1000000

35123.2

THEN FIND C.P.

THEN

AMOUNT-PRINCIPAL

35123.2-25000

10123.2