हिंदी

Harijyot Deposited Rs 27500 in a Deposite Scheme Paying 12 % P.A. Compound Interest . If the Duration of the Deposite is 3 Years , Calculate :

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प्रश्न

Harijyot deposited Rs 27500 in a deposite scheme paying 12 % p.a. compound interest . If the duration of the deposite is 3 years , calculate :

The amount received by him at the end of three years.

योग
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उत्तर

`"C"_1 = (27500 xx 12 xx 1)/100 = 3300`

`"P"_1 = 27500 + 3300 = 30800`

`"C"_2 = (30800 xx 12 xx 1)/100 = 3696`

`"P"_2 = 34496`

`"C"_3 = (34496 xx 12 xx 1)/100 = 4139.52`

`"P"_3 = 38636`

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Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
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