document.write( "Question 1049619: The simple interest on a certain sum of money for 3 years at 12% p.a is Rs 6750. What will be the compound interest on that sum at the same rate for the same period ?
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Algebra.Com's Answer #665202 by satyareddy22(84)\"\" \"About 
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S.I = (PTR/100)
\n" ); document.write( "S.I = 6750 ,T=3YRS,R=12%,p=?
\n" ); document.write( "SUBSTITUTING ALL VALUES IN THE ABOVE FORMULA
\n" ); document.write( "WE GET,P = 18750
\n" ); document.write( "NOW, A = P(1+R/100)^T
\n" ); document.write( "P=18750, T=3YRS,R = 12%
\n" ); document.write( "A= 18750(1+12/100)^3
\n" ); document.write( " = 18750(28/25)^3
\n" ); document.write( " =26342.4
\n" ); document.write( "NOW C.I = A - P
\n" ); document.write( " = 26342.4-18750=7592.4
\n" ); document.write( "SO,C.I = 7592.4
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