Question

complete the compound interest Rs.5000 for 2 years at 5% per annum.​

Answer 1

Step-by-step explanation:

$amount = principle \times {(1 + \frac{r}{100} })^{2}$

$= 5000 \times {(1 + \frac{5}{100} )}^{2} = 5000 \times ({ \frac{21}{20}) }^{2}$

$= 5000 \times \frac{441}{400} = 5512.5$

Compound interest =5512.5-5000=512.5