Find the compound interest on Rs 12000 3 years 10% per annum compounded annually (2024)

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We know that the amount A at the end of n years at the rate of R % per annum when the interest is compounded annually is given by A=P(1+R100)n

Here P = Rs.12000 R = 10% per annum and n = 3
Amount after 3 years = P(1+R100)3=Rs.12000×(1+10100)3=Rs.12000×(1+110)3
=Rs.12000×(1110)3=Rs.12000×1110×1110×1110=Rs.(12×11×11×11)=Rs.15972
Now Compound interest = A - P Compound interest = Rs. 15972 - Rs.12000 = Rs. 3972

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1

Find the compound interest on Rs 12000 for 3 years at 10% per annum compounded annually

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Q

2

Find the compound interest on Rs. 12000 for 10 years at the rate of 12% per annum compounded annually in Rs.

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Q

3

Find the compound interest on Rs. 8000 for 3 years, compounded annually at 10% per annum.


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Find the compound interest on Rs 12000 3 years 10% per annum compounded annually (2024)

FAQs

What is the compound interest on Rs 12000 for 3 years at 10 per annum compounded annually? ›

Now Compound interest = A - P ⇒ Compound interest = Rs. 15972 - Rs. 12000 = Rs. 3972.

What is the compound interest on 12000 for 3 years at 5 per annum compounded annually? ›

Thus, compound interest is Rs. 1891.50. Find C.I. on Rs. 12000 at 5 % p.a. for 3 years compounded annually.

What is the compound interest on 1200 for 3 years at 5% per annum? ›

Find the compound interest at the rate of 5% per annum for 3 years on that principal which in 3 years at the rate of 5% per annum gives Rs 1200 as simple interest. ∴ The required compound interest is Rs. 1,261.

What is 10 000 for 3 years at 10 per annum compounded annually? ›

Hence, the compound interest amount on Rs. 10,000 for 3 years at an annual interest rate of 10% is Rs. 13,310.

What is the compound interest on $12,000 for 3 years? ›

Now Compound interest =A−P<br><br>⇒ Compound interest = Rs. 15972− Rs. 12000= Rs. 3972.

What is the compound interest on Rs 12000 at 10% pa for 2 years? ›

  1. Principal, P=Rs.12,000.
  2. Rate of interest, r=10%
  3. Time =2 years.
  4. So, n=2.
  5. Amount,A=P(1+r100)n=Rs. 12000(1+0.1)2=Rs.14520.
  6. CI=A−P=Rs. (14520−12000)=Rs. 2520.

How much is the compound interest on Rs 1000 at 10% interest in 3 years? ›

1,000 for 3 years at 10% compound interest per annum compounding annually is Rs. 1,331.

How much is $10,000 at 10% interest for 10 years? ›

If you invest $10,000 today at 10% interest, how much will you have in 10 years? Summary: The future value of the investment of $10000 after 10 years at 10% will be $ 25940.

What is the amount and compound interest on 20000 for 3 years at 5% pa? ›

20000 for 3 year at 5% per annum, when the interest is compounded annually Pls help. Answer: The compounded interest = 3152.5 Rs. The compounded interest = 3152.5 Rs.

What is 10% compound interest for 3 years? ›

∴ The compound interest is Rs. 3,310.

What is the compound interest on 20000 for 3 years at 10% per annum? ›

So, C.I = 26,620 - 20,000 = ₹ 6,620.

How do I calculate compound interest? ›

Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate raised to the number of compound periods minus one. This will leave you with the total sum of the loan, including compound interest.

What is the amount and compound interest on Rs 12000 for 3 years at 20 per annum? ›

So, the future amount (including principal and interest) after 3 years will be Rs 20,736. The compound interest on Rs 12,000 for 3 years at an annual interest rate of 20% (compounded annually) is Rs 8,736.

What will be the compound interest of Rs 12000 after 3 years at the same rate? ›

The compound interest of Rs. 12,000 after 3 years at the same rate is Rs. 3972.

What is the compound interest on 20000 at 10 per annum for 3 years? ›

So, C.I = 26,620 - 20,000 = ₹ 6,620.

How much will Rs 10000 amount to in 2 years at 10% pa compounded annually? ›

∴ Compound Interest =Rs12100−Rs10000=Rs2100.

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