Example 8 - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II)
Last updated at February 17, 2026 by Teachoo
Growth and Compounding
Last updated at February 17, 2026 by Teachoo
Transcript
Example 8 What percent is the total amount received with respect to the amount deposited in both the options?Basically we need to find (๐ป๐๐๐๐ ๐จ๐๐๐๐๐ ๐น๐๐๐๐๐๐๐ )/(๐ป๐๐๐๐ ๐จ๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐ ) ร 100 Without Compounding 7800/6000ร100 = 130% Thus, Percentage gain over 3 years is 30% With Compounding 7986/6000ร100 = 133.1% Thus, Percentage gain over 3 years is 33.1%