calculate the amount and ci on 12500 for 2 years at 8% p. a Question calculate the amount and ci on 12500 for 2 years at 8% p. a in progress 0 Math Sophia 1 month 2021-09-22T21:48:31+00:00 2021-09-22T21:48:31+00:00 1 Answer 0 views 0

## Answers ( )

Answer:hope it’s helpful took too much time to write pls mark as brainliest

Step-by-step explanation:Principle =Rs.12500, Time period =9 months

1 quarter =3 months

3 quarter =9 months

Time period =3 quarters

Rate of Interest =8% per annum

1 annum =4 quarters

Rate of Interest =2% per quarter

Amount = Principle×[1+ rate of intrest/100]^time period

= 1250×[1+2/100]^3

=12500×(1.09)^3

Amount=Rs.13265

Compound Interest=Amount − Principle

=Rs.13265−Rs.12500

Compound Interest=Rs.765