karan deposited rs 32000 in a bank that gives compound interest at 12.5% per annum. how muchmoneywill karan get back after 3 year.

ans amount = 45562.50; c.i=rs 13562.50

Question

karan deposited rs 32000 in a bank that gives compound interest
at 12 5% per annum how muchmoneywill karan get back after 3
year
ans amount = 45562 50; c i=rs 13562 50

Neeti · Accepted Answer

Here P = Rs 32000, r = 12 5% p a and n = 3 years Amount received at the end of n years, $A= P (1 + \frac{r}{100})^{n}$ âˆ´ Amount received by Karan after 3 years $= Rs 32000 (1 + \frac{12 5}{100})^{3} = Rs 32000 × (\frac{112 5}{100})^{3}$ = Rs 45562 50 Thus, the amount received by Karan after 3 years is Rs 45562 50

karan deposited rs 32000 in a bank that gives compound interest at 12.5% per annum. how muchmoneywill karan get back after 3 year. ans amount = 45562.50; c.i=rs 13562.50

karan deposited rs 32000 in a bank that gives compound interest at 12.5% per annum. how muchmoneywill karan get back after 3 year.

ans amount = 45562.50; c.i=rs 13562.50