Question

₹3200 for 2 years at 5%per annum compounded anuall?​

Answer 1

Step-by-step explanation:

Principal (P) = ₹ 3200

r = 2.5% p.a

n = 2 years comp, annually

∴ Amount (A) = (1 + r/100)n = (1 + 2.5/100)2

= 3200 x (1.025)2 = 3362

Compound interest (Cl) = Amount – Principal

= 3362 – 3200

= ₹ 162

here in your question is 5%

but in my answer is 2.5% so please write on 2.5%

5% ok