A man invest 1200rs for 2 years at compound interest. after one year the money amounts to 1275rs. find the interest for the second year
Answers
Answered by
0
Answer:
79.68 rupees
Step-by-step explanation:
Interest rate = 75/1200 × 100
= 6.25%
Interest for 2nd year = 6.25% of 1275
= 625/10000 × 1275
= 79.86
Similar questions