Math, asked by ashok983871, 20 days ago

Compute the compound interest on ₹ 2560 for one at 25/2 % per annum compounded annually.

Answers

Answered by charvithareddy2008

0

Answer:

320

Step-by-step explanation:Step-by-step explanation:

Compound Interest = P[1+R/100]^N - P

By using the above formula,

2560[1+25/2/100]^1 - 2560

= 2560 [ 9/8]^1 - 2560

= 2880 - 2560

= 320

Therefore, the compound interest will be Rs. 320.

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