Question

A borrowed rupees 2500 from b at 12% per annum compound interest after 2 years a give rupees 2936 and i was to be to clear the account find the cost of the watch

Answer 1

hi
Mark me a brainlist

Answer 2

Rs. 200 was the cost of the watch.

step-by-step explanation:

Given,

Principal = Rs. 2500

Rate = 12%

Time = 2years

In the case of C.I.,

Amount = P (1 + R/100)^T

= 2500 (1 + 12/100)^2

= 2500 * (112/100) * (112/100)

= Rs. 3136

For settling the amount, A paid and the watch Rs. 2936 to B,

Thus,

The cost of the watch = Amount - Amount paid

= Rs. 3136 - Rs. 2936

= Rs. 200

Learn more: Find the interest

brainly.in/question/33227746