self
Maths Puzzle
what is the compound interest on one lakh rupees after 9 months if the interst at the rate of 8% per annum is payable after every 3 months
Read Solution (Total 3)
-
- formula p[1+(r/(k*100))]^(k*n)
p=100000
r=8
k=4 times a year
n=9/12 year=3/4 year
CI=106120.8-100000=₹6120.8 - 12 years agoHelpfull: Yes(1) No(0)
- is compound interest being asked in tcs
- 12 years agoHelpfull: Yes(0) No(1)
- here we use formula p[1+(r/(k*100))]^(k*n)
p=100000
r=8
k=4 times a year
n=9/12 year=3/4 year
CI=₹106120.8 - 12 years agoHelpfull: Yes(0) No(0)
self Other Question