Question 1049619
S.I = (PTR/100)
S.I = 6750 ,T=3YRS,R=12%,p=?
SUBSTITUTING ALL VALUES IN THE ABOVE FORMULA
WE GET,P = 18750
NOW, A = P(1+R/100)^T
P=18750, T=3YRS,R = 12%
A= 18750(1+12/100)^3
 = 18750(28/25)^3
 =26342.4
NOW C.I = A - P
        = 26342.4-18750=7592.4
SO,C.I = 7592.4