$$ {A=P{(1+{r\over 100}})}^{t}$$
Putting the value we can get answer
What is a difference between simple interest and compound interest in 1 year at a rate of 10 percent on an amount of Rs. 1200. If interest is half yearly compounded?
975 05f3f999e9b782961da393fd1There is 80% increase in amount in 5 years at simple interest. What will be the compound interest of Rs. 20,000 after 3 years at the same rate?
977 05f2cfad5be9f31290fb86158Rahul plans to buy a scooter for his sister for which he saves Rs. 15625 at the start of every year for 3 year. If the rate of CI is 4% pa. then amount at which he plans to buy the scooter is (in Rs.)
846 05f2bc9ca21de6a117aeb6d7c