Anju lent ₹5000 to Guneet at the rate
of 8 1/3% per annum compound interest
Find the amount payble by guneet to Anju after 2 years
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Answered by
16
Answer:
₹5868.05
Step-by-step explanation:
Principal = ₹5000
Rate of interest = 8 1/3 %
Time = 2 years
∴ Amount = P[1 + R/100]^n
= 5000[1 + 25/300] = 5000 x 325/300 x 325/300
= ₹5868.05 (Ans)
Answered by
3
Step-by-step explanation:
your answer is correct
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