ICSE Guess > ICSE/ISC eBooks > Class X > Maths by Mr. M. P. Keshari

ICSE / ISC eBooks

Example – 1. Calculate the amount and the compound interest on a sum of Rs.30,000 at the end of 3 years at the rate of 5% p.a. compounded annually.

Solution : Here, P = Rs.30000, r = 5% p.a.

t = 3 year, n = 3