Find the C.I. on ₹ 15000 for 3 years if the rates of interest are 15%, 20% and 25% for the I, II and III years respectively

Find the CI on 15,000 for 3 years, if the rate of interest are 15%, 20% and 25% for I, II and III years respectively.

I, II மற்றும் III ஆண்டுகளுக்கான வட்டி வீதங்கள் முறையே 15%, 20% மற்றும் 25% எனில் ₹ 15,000 க்கு 3 ஆண்டுகளுக்கு கிடைக்கும் கூட்டு வட்டியைக் காண்க.

Principal (P) = ₹ 15000

Rate of interest 1 (a) = 15% for year I

Rate of interest 2 (b) = 20% for year II

Rate of interest 3 (c) = 25% for year III

Formula for amount when rate of interest is different for different years is

= 25,875

∴ Compound Interest (C.I.) = A – P

= 25,875 – 15,000

= ₹ 10,875

∴ C.I. = ₹ 10,875

 

Compound Interest

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