Answer:
Compound interest = Rs 1,575 (Approx.)
Step-by-step explanation:
Given:
Amount invested = R.s 6,500
Rate of interest = 7.5% per annum
Number of year = 3 year
Find:
Amount of compound interest
Computation:
Compound interest = P[(1+r)ⁿ - 1]
Compound interest = 6500[(1+7.5%)³ - 1]
Compound interest = 6500[(1+0.075)³ - 1]
Compound interest = 6500[(1.075)³ - 1]
Compound interest = 6500[1.2423 - 1]
Compound interest = 6500[0.2423]
Compound interest = 1574.95
Compound interest = Rs 1,575 (Approx.)
b = 3
Step-by-step explanation:

Add similar terms :

Collect like terms and simplify

Answer:
£290.70
Step-by-step explanation:
Number of notes of $50 = 5
Total value = 50 × 5 = $250
Number of notes of $20 = 2
Total value = 20 × 2 = $40
Number of notes of $10 = 7
Total value = 10 × 7 = $70
Number of notes of $5 = 3
Total value = 5 × 3 = $15
Total value of all notes with John = 250 + 40 + 70 + 15
= $375
Since, $1.29 = £1
Therefore, $1 = £
Therefore, $375 = £ 
= £290.70
104 = 10,000 x 1.33 = 13,300