Calculate CI for RS 8000 in 3 years at 8%p.a

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Solution

A = P [1+R100]n

Here, P = Rs 8000, R = 8%, n = 3 years.

So, A = 8000 [1+8100]3 = Rs 10077.69

So, CI = Rs 10077.69 - Rs 8000 = Rs 2077.69

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Calculate CI for RS 8000 in 3 years at 8%p.a

A = P [1+R100]n Here, P = Rs 8000, R = 8%, n = 3 years. So, A = 8000 [1+8100]3 = Rs 10077.69 So, CI = Rs 10077.69 - Rs 8000 = Rs 2077.69 like if satisfied

A = P [1+R100]n

Here, P = Rs 8000, R = 8%, n = 3 years.

So, A = 8000 [1+8100]3 = Rs 10077.69

So, CI = Rs 10077.69 - Rs 8000 = Rs 2077.69

like if satisfied