Find ci on 1200rupees for 2 years at 5%per anum
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HEY DEAR. 1,200
Answer:
Rs.123
Step-by-step explanation:
Given,
Principle= Rs.1200
SI= P×R×T / 100
•°• interest for the 1 year = Rs. 1200 ×5 ×1/100
=》Rs.60
Amount at end of 1year = (1,200 + 60) Rs.
Amount at end of 1year = (1,200 + 60) Rs.=》Rs.1260
°•°Interest of 2 year = Rs.(1,260 ×5×1 /100)
=》Rs.63
Amount at the end of 2 year = (1,260 +63)Rs.
Amount at the end of 2 year = (1,260 +63)Rs.=》Rs.1323
CI =Rs.(1323 -1200) = 123.
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