Question

what sum will amount to rs 43,200 for 3 years at. 12% p.a. compund interest​

Answer 1

Answer:

THE PRINCIPAL IS ₹30,748.90

Step-by-step explanation:

PARAMETERS GIVEN,

AMOUNT = ₹43,200

RATE%=12%

TIME = 3YEARS

LET THE PRINCIPAL BE x

SO,

WE KNOW,

A=P(1+R/100)^N

43200=x(1+12/100)³

43200=x(112/100)³

43200=(x*1404928)/1000000

x=(43200*1000000)/1404928

x=43200000000/1404928

x = ₹30,748.90

I HOPE YOU UNDERSTOOD THE QUESTION