1.

Find the interest on Rs.25000 at 12% p.a compounded annually for 3 years.1). 9,0002). 9,833.403). 10,123.204). 10,678.90

Answer»

<P>$(\Rightarrow CI = P\left\{ {\left( {1 + \FRAC{R}{{100}}} \right)t} \right\} - P)$

= 25000 × 1.12 × 1.12 × 1.12 – 25000 = RS. 10123.20


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