Question

) Calculate the amount and compound interest on
Rs. 18,000 for 2 2 years​

Answer 1

Answer:

Answer

P = 18000 ; R = 10%, T=2.5.

So Let T = 2

A=18000(1+

100

10

)

2

18000(11/10)

2

=21780.

Interest after 2 years

=21780−18000=3780

Interest after half year

=21780×

100

10

×

2

1

=1089

Total interest after 2.5 year

3780+1089=4869.

final answer is 4869 Rs