A person invests Rs. 5,000 for three years at a certain rate of interest compounded annually.
At the end of two years this sum amounts if Rs. 6,272. Calculate :
(i) the rate of interest per annum.
(ii) the amount at the end of the third year.
A person invests ₹ 10,000 for two years at a certain rate of interest compounded annually. At the end of one year this sum amounts to ₹ 11,200 ,Calculate;
(i) the rate of interest per annum
(ii) the amount at the end of the second year
A person invests Rs. 10,000 for two years at a certain rate of interest compounded yearly. At the end of one year this sum amounts to Rs. 11,200. Calculate