English

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

Advertisements
Advertisements

Question

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 had he chosen tlle duration of the deposit to be 2 years.

Sum
Advertisements

Solution

`"P"_2 = 34496`

shaalaa.com
Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
  Is there an error in this question or solution?
Chapter 1: Compound Interest - Exercise 1.1 [Page 5]

APPEARS IN

Frank Mathematics - Part 2 [English] Class 10 ICSE
Chapter 1 Compound Interest
Exercise 1.1 | Q 6.3 | Page 5
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×