Math, asked by hemlatasher3, 3 months ago

find CI on 12600 for 2 years at 12 per annum compounded annually​

Answers

Answered by athervaved
0

Step-by-step explanation:

AMOUNT = P[1+R/100]™

= 12600 [ 1+12/100 ] time = 2 yrs.

= 12600 [ 1+3/25] time= 2 yrs.

=12600[ 28/25 ] and the time should be multiplied two times . so, it is like be that----

= 12600 ×28/25 ×28/25

the number 25 is divided by the no. 12600 so the remainder be 504 . 28×28 is equal to 784.

= 504 × 784 / 25

= 15805.44

CI = A-P

=15805.44 - 12600

= 3205.44 Ans

Similar questions