What Will Be The Compound Interest On A Sum Of Rs.25,000 After 3 Year – InterviewSolution

1.

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»

= RS.(25000x(1+12/100)³

= Rs.(25000x28/25x28/25x28/25)

= Rs. 35123.20.

C.I = Rs(35123.20 -25000)

= Rs.10123.20.

Amount

= Rs.(25000x(1+12/100)³

= Rs.(25000x28/25x28/25x28/25)

= Rs. 35123.20.

C.I = Rs(35123.20 -25000)

= Rs.10123.20.

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