Question

1. Find the amount and compound interest on
(i) Rs 12,000 in 2 years at 8% per annum
(ii) Rs 20,000 in 2 years at 10% per annum​

Answer 1

Answer:

(1) 100*interest/12000*2*8

(2)100*interest/20000*2*10

Step-by-step explanation:

interest= 100*Interest/ principal*time*rate of interest