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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

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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 compound inrerest received by him.

Sum

Solution

`C_"total" = 11136`

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Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
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Chapter 1: Compound Interest - Exercise 1.1 [Page 5]

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