ANSWER FAST PLZ IT IS VERY HARD
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1
Answer:
A=P(1+R1/100)*(1+R2/100)
A=12000(1+5/100)*(1+6/100)
A=12000*1113/1000
A=13356
So,CI=A-P
CI=13356-12000=1356.(ans)
Answered by
30
Answer:
Amount after 2 years = ₹13,356
Compound Interest after 2 years = ₹1356
- Refer to the attachment for step-by-step solution.
______...
When the interest is compounded annually but rates are different for different years,
we use this formula,
Where,
- P = principal
- p = p.a during 1st year
- q = p.a during second year
___________......
Additional Information-
Few important formulae related to compound interest -
When the interest is compounded annually -
- Here, n years is the time.
______....
When the interest is compounded half- yearly -
________...
When the interest is compounded quarterly -
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