If the amount is Rs.4000and principal is Rs. 3192 thenfind the compound interest About the author Savannah
Answer: The compound interest is Rs 808. Step-by-step explanation: Given that: Amount = Rs 4000 Principal = Rs 3192 To Find: The compound interest. Finding the compound interest: We know that. Compound interest = Amount – Principal Compound interest = Rs 4000 – Rs 3192 Compound interest = Rs 808 Know more: In compound interest. A = P(1 + R/100)ᵀ CI = A – P In simple interest. A = P + SI SI = (P × R × T)/100 Where, A = Amount CI = Compound interest SI = Simple interest P = Principal R = Rate of interest T = Time Reply
Answer:
Compound interest = Amount – Principle
= 4000 – 3192
= Rs.808
Answer:
The compound interest is Rs 808.
Step-by-step explanation:
Given that:
Amount = Rs 4000
Principal = Rs 3192
To Find:
The compound interest.
Finding the compound interest:
We know that.
Compound interest = Amount – Principal
Compound interest = Rs 4000 – Rs 3192
Compound interest = Rs 808
Know more:
In compound interest.
A = P(1 + R/100)ᵀ
CI = A – P
In simple interest.
A = P + SI
SI = (P × R × T)/100
Where,
A = Amount
CI = Compound interest
SI = Simple interest
P = Principal
R = Rate of interest
T = Time