a) Find the compound interest on Rs. 31250 at 8% per annum for 2

3

4

years.

b) Rohit

a) Find the compound interest on Rs. 31250 at 8% per annum for 2

3

4

years.

b) Rohit bought a CD for Rs. 750 and sold it for Rs. 875. Show that his

gain percent is 16 2

3

% .​

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1 thought on “a) Find the compound interest on Rs. 31250 at 8% per annum for 2<br /><br />3<br /><br />4<br /><br />years. <br /><br />b) Rohit”

  1. Answer:

    5200 Rs.

    Step-by-step explanation:

    A = P ( 1+ R/100)^n

    A = 31250( 1 + 8/100)^ 2

    A = 31250 ( 27/25) ^2

    A = 31250 × 729/652

    A = 36450

    CI = A – P

    CI = 36450 – 31250

    CI = 5200

    Hope this helps you

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