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

Sum

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 compound inrerest received by him.

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Solution

`C_"total" = 11136`

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

Frank ICSE Class 10 Mathematics Part 2
Chapter 1 Compound Interest
Exercise 1.1 | Q 6.2 | Page 5
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