what will be compound interest on 25000 after 3 years at the rate 12% per annum
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Answer:
Rs 10123.20 will be compound interest on 25000 after 3 yrs at rate 12% per annum
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Step-by-step explanation:
C. I = P ( 1 + R/100) n
= 25000 ( 1 + 12/100)3
= 25000 (1 + 3/25)3
= 25000 (28/25) 3
= 25000* 28/25* 28/25* 28/25
=35,132.2 Rs
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