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Find the compound interest paid when …

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Find the compound interest paid when a sum of rs 10,000 is invested from one year and three months at 17/2%per annum compound anually

Posted by Mithali Pattanaik 7 years, 1 month ago

CBSE > Class 08 > Mathematics

1 answers

Mithali Pattanaik 7 years, 1 month ago

P=10,000 R=17/2% N=1 yr and 3 months I=PRT /100 =10000×1×17/200 (2×100) =850 Amount=10000+850=10850 ii)P=10850 R=17/2% N=3 months I=PRT/100 =10850×3×17/12×2×100 =3689/16 =230.56 C.I=10850+230.56=11080.56

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CBSE > Class 08 > Mathematics