Question

7500 for 2 year at 8​

Answer 1

Answer:

simple interest=(time ×principal×year)/100

si=(7500×2×8)/100

si=₹1200

Answer 2

Step-by-step explanation:

P = ₹7500

T = 2 years

R = 8% per annum

For simple interest,

S.I = P×R×T / 100

S.I = 7500×2×8/100

S.I = ₹1200

Amount = ₹7500 + 1200

= ₹8700

For compound interest,

A = P(1 + R/100)ⁿ

A = 7500×(1 + 8/100)²

A = 7500 × 27/25 × 27/25

A = ₹8748

C.I = ₹8748 - 7500

= ₹1248

Hope it helps!

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