Question

Worksheet 1
7.
Find the compound interest on 25,000 at the rate of 12% per annum for three
years.​

Answer 1

$\huge\bold\star\red{Answer}$

Amount=p(1+r/100)

a=25000(1+12/100)to the power 3

a=25000*28/25*28/25*28/25

a=40*28*28*28/25

a=35123.2

C.I=35123.2-25000

ci=10123.2......☺