1.

What Would Be The Amount To Be Paid On The Principle Of 12500 Rs. At The End Of 3 Years At Compound Interest At The Rate Of 10 % Per Annum?

Answer»

Given principal = 12500 No. of years = 3 RATE of interest = 10

Amount = P X (1 + r/100) N,

We get Amount = 12500 x (1+10/100)3 = 12500 * (11/10)3

Given principal = 12500 No. of years = 3 Rate of interest = 10

Amount = P x (1 + r/100) n,

We get Amount = 12500 x (1+10/100)3 = 12500 * (11/10)3



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