22 Feb 2026

A person invests ₹ 5,000 for three years at a certain rate of interest compounded annually. At the end of two years this sum amounts to ₹ 6,272. Calculate : (i) the rate of interest per annum. (ii) the amount at the end of the third year. Class 9 | ICSE | Compound Interest

 

A person invests ₹ 5,000 for three years at a certain rate of interest compounded annually. At the end of two years this sum amounts to ₹ 6,272. Calculate : (i) the rate of interest per annum. (ii) the amount at the end of the third year. Class 9 | ICSE | Compound Interest
A person invests ₹ 5,000 for three years at a certain rate of interest compounded annually. At the end of two years this sum amounts to ₹ 6,272. Calculate : (i) the rate of interest per annum. (ii) the amount at the end of the third year. Class 9 | ICSE | Compound Interest



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