Question

calculate the compound intrest on Rs 15000 for 2years at 6% per anum​

Answer 1

Answer:

so using frm ula p*t*r/100

15000*2*6/100

Answer 2

Answer:

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Step-by-step explanation:

Principal (P) = Rs. 15000

Rate (R) = 6% p.a

Period (n) = 5 years

Interest for the first year = PRT/100

= (15000 × 6 × 1)/100 = Rs. 900

∴ Amount for the first year = Rs. 15000 + 900

= Rs. 15900

Principal for the second year = Rs. 15900

Interest for the second year = (15900 × 6 × 1)/100

= 159 x 6 = Rs. 954

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