What would be the compound interest accrued on an amount of Rs. 8400 @ 12.5 p.c.p.a at the end of 3 years ?

  • 1Rs. 2584.16
  • 2Rs. 3560.16
  • 3Rs. 3820.14
  • 4Rs. 4205.62
Answer:- 1
Explanation:-

Solution:
Amount = Rs.[8400×(1+252×100)3]=Rs.(8400×98×98×98)=Rs.(38272532)=Rs.11960.156Rs.11960.16C.I.=Rs.(11960.168400)=Rs.3560.16

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
Amount = Rs.[8400×(1+252×100)3]=Rs.(8400×98×98×98)=Rs.(38272532)=Rs.11960.156Rs.11960.16C.I.=Rs.(11960.168400)=Rs.3560.16
", "dateCreated": "7/24/2019 10:09:12 AM" } }
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