1.

Find The Compound Interest On Rs.16,000 At 20% Per Annum For 9 Months, Compounded Quartely?

Answer»

Principal = RS.16,000;

Time=9 MONTHS = 3 QUARTERS;

AMOUNT

=Rs.[16000x(1+5/100)³] =[16000x21/20x21/20x21/20]

= Rs.18522.

C.I

= Rs.(18522 - 16000)

= Rs.2522.

Principal = Rs.16,000;

Time=9 months = 3 quarters;

Amount

=Rs.[16000x(1+5/100)³] =[16000x21/20x21/20x21/20]

= Rs.18522.

C.I

= Rs.(18522 - 16000)

= Rs.2522.


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