Question

calculate difference between compound intrest and simple intrest on rupees 8000 on the rate of 8% per annum for 2 years​

Answer 1

Step-by-step explanation:

3

Find the compound interest on Rs. 8000 at 8% per annum for 2 years, compounded half-yearly?

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1

3

Find the compound interest on Rs. 8000 at 8%

per annum for 2 years, compounded half-yearly?

• Losing money on shipping? Get the best rates, every time.

Just replace R=8% I have taken it as 9% so you will have to do the recalculation for better understanding bro.

• Given that P = Rs 8000 , n = 2 and R = 9%.

• A = P ( 1 + R / 200)

• 2n

• A = 8000( 1 + 4.5 / 200)
• 2

• A = 8000 x (204.5 / 200) x (204.5 / 200)

• A = Rs 8364.05

Hence Interest = Rs 8364.20 - 8000 = Rs 364.05

Just replace R=8% I have taken it as 9% so you will have to do the recalculation for better understanding bro.

Given that P = Rs 8000 , n = 2 and R = 9%.

A = P ( 1 + R / 200)

2n

A = 8000( 1 + 4.5 / 200)

2

A = 8000 x (204.5 / 200) x (204.5 / 200)

A = Rs 8364.05

Hence Interest = Rs 8364.20 - 8000 = Rs 364.05 this is your answer so pls mark as brainlist

Answer 2

Step by Step explanation :

Hope my answer is correct and it helped you !!