Question

Calculate the compound interest on Rs.26000 for 2 years at 5% p.a​

Answer 1

Step-by-step explanation:

Step-by-step explanation:A = P( 1+ R/100 )^n

Step-by-step explanation:A = P( 1+ R/100 )^nA = 26000 ( 1 + 5/100 ) ^2

A = 26000 ( 1 + 1/20 ) ^2

A = 26000 ( 20+1 /20 ) ^2

A = 26000 × 21/20 ×21/20

A = 65 × 21 × 21

A = 28,665

C.I = A - P

= 28,665 - 26000

= 2665

C.I = ₹ 2665

Answer 2

Answer:

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