Question

find C.I when a sum of rs. 2000 is invested for 3 yrs at 5percent​

Answer 1

Answer:

Step-by-step explanation:

1st year ci = 20000* 0.05 = 1000

2nd year ci = (20000+1000) * 0.05

= 1050

total ci = 1000 + 1050 = 2050

Answer 2

CI = amount- principal