Question

Calculate the amount and compound interest on 15000for two years at 20%per aanum when

Answer 1

Answer:

formula to find compound interest =

A = P ( 1 + R /100 )

15000 ( 1 +20/100 ) ²

15000( 100 + 20 /100 ) ²

15000 (120/100) ²

15000*12/10*12/10

150*12*12

₹ 21600

CI = A - P

= 21600 - 15000

= 6600

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Answer 2

I hope this helps.

without using formula is much difficult so we can use this.