Rohit deposited Rs. 8000 with a finance company for 3 years at an interest of 15% per annum. What is the compound interest that Rohit gets after 3 years?
Given,
Principal=Rs.8000
Time = 3 years
Rate = 15% p.a
Hence,
Compound interest = 
=
3
Rohit deposited Rs. 8000 with a finance company for 3 years at an interest of 15% per annum. What is the compound interest that Rohit gets after 3 years?
Given,
Principal=Rs.8000
Time = 3 years
Rate = 15% p.a
Hence,
Compound interest =
=