Question

What will be the compound interest on a sum of Rs.25,000 after 3 years at the rate of 12 p.c.p.a?

A) Rs.10123.20 B) Rs.12100 C) Rs.12552 D) Rs.12665

Answer 1

QUESTION -

What will be the compound interest on a sum of Rs.25,000 after 3 years at the rate of 12 p.c.p.a?

ANSWER -

{ATTACHMENT WILL HELP YOU DEFINITELY}

A=p(1+r/100)^n

25000(1+12/100)*3

25000×112/100×112/100×112/100

35123.20

C.i=A-P

35123.20–25000

₹10123.20

[ANSWER]