Question

Compound interest loan of p=80000 n=2years 10%p.a class 8th find the amount to be repaid​

Answer 1

Step-by-step explanation:

80,000 amount to Rs. 96800 in 2 years at the rate of 10% p.a., if interest is compounded half yearly.

Answer 2

Step-by-step explanation:

we know that

c.i = p(1+R/100)^t

= 80,000(1+10/100)^2

= 80,000(1+1/10)^2

= 80,000×11/10×11/10

= 800×11×11

= 121×800

c.i = 96800

A=p+c.i

=96800+80,000

176800