What will be the compound interest on Rs. 25000 aŌer 3 years at the rate of 12 % per annum
What will be the compound interest on Rs. 25000 aŌer 3 years at the rate of 12 % per annum
Answer/Solution
Rs 10123.20
Steps/Work
Explanation:
(25000×(1+12100)3)=>25000×2825×2825×2825=>35123.20
So Compound interest will be 35123.20 - 25000
= Rs 10123.20
Answer: A
(25000×(1+12100)3)=>25000×2825×2825×2825=>35123.20
So Compound interest will be 35123.20 - 25000
= Rs 10123.20
Answer: A