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10800 for 3 years at 25 …

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10800 for 3 years at 25 / 2 % per annumn compounded annually

Posted by Preeti Kumari 6 years, 2 months ago

CBSE > Class 08 > Mathematics

2 answers

Gaurav Seth 6 years, 2 months ago

Given, P = 10,800 Rs. T = 3 years and R = 12 1/2 % = 25/2 % per annum compounded annually

Using formula,

or,

or,

or,

or,

or, A = 10800 × 9 × 9 × 9/(8 × 8 × 8)

= 15,377.3438 Rs.

now, compound interest = A - P

= 15,377.3438 - 10,800

= 4,577.3438 Rs.

Gaurav Dev Gauda 6 years, 2 months ago

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