mohit invest 70000 at 20% p.a for 3 yrs how much amount would he get at end of third years.Also find compound interest​

Question

mohit invest 70000 at 20% p.a for 3 yrs how much amount would he get at end of third years.Also find compound interest​

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Amara 5 months 2021-12-21T20:38:29+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-12-21T20:39:44+00:00

    Answer:

    amount that mohit will get at the end of 3 years Rs. 1,20,960

    Step-by-step explanation:

    according to the question ::

    =>principal=Rs. 70,000; rate=20% p.a ;time=3 years

    so,amount at the end of two years will be:-

    =>70,000* [1+20/100]^3

    =>70,000*[1+2/10]^3

    =>70,000*[12/10(taken LCM and added)]^3

    =>70,000*12/10*12/10*12/10

    =>12,09,60,000/1000

    =>1,20,960

    and compound interest is already included in the answer

    so, here is your answer   =>   Rs. 1,20,960

    HOPE IT HELPS!!!!!!

    if any queries please comment an please mark as brainliest and follow please

    0
    2021-12-21T20:39:45+00:00

    Answer:

    amount that mohit will get at the end of 3 years Rs. 1,20,960

    according to the question ::

    =>principal=Rs. 70,000; rate=20% p.a ;time=3 years

    so,amount at the end of two years will be:-

    =>70,000* [1+20/100]^3

    =>70,000*[1+2/10]^3

    =>70,000*[12/10(taken LCM and added)]^3

    =>70,000*12/10*12/10*12/10

    =>12,09,60,000/1000

    =>1,20,960

    and compound interest is already included in the answer

    so, here is your answer   =>   Rs. 1,20,960

    HOPE IT HELPS!!!!!!

    if any queries please comment an please mark as brainliest and follow please

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