Question

Find C.I on the sum 80000 for 2 years at the rate of 5% p.a.

Answer 1

Answer:

820₹

Step-by-step explanation:

a=p(1+r/100)^n

=8000(1+5/100)^2

=8000(100+5/100)^2

=8000(105/100)^2

=8000*105/100*105/100

=4*105*21

=8820

amount=8820₹

C.I=A-P

=8820-8000

=820

compound interest =820₹