Question

calculate the amount intereton 1200 for 2years 5 percent per annum​

Answer 1

Answer:

CI=A−P

A=P(1+

100

r

)

n

P=1,200;n=2;r=10

∴A=1,200(1+

100

10

)=1,200(

10

11

)

2

=

100

1,200×121

=Rs1,452

CI=1,452−1,200=Rs252

Step-by-step explanation:

hope this will help you