Math, asked by dinkarmishra5621, 1 year ago

Find CI on a sum of rs 8000 for 2years at 5% per annum compounded annually?

Answers

Answered by Mercidez
9
\large\green{\boxed{Solution : }}

\underline\blue{Given}

Principal \: \: (P) = Rs \: \: 8000

Time \: \: (T) = 2 \: \: years

Rate \: \: (R) = 5\% \: \: p.a.

\red{Now}

A = P \times (1 + \frac{R}{100} ) {}^{T} \\ \\ \: \: \: \: = Rs \: \: 8000 \times (1 + \frac{5}{100} ) {}^{2} \\

 \: \: \: \: = Rs \: \: 8000 \times \frac{105}{100} \times \frac{105}{100} \\

 \: \: \: \: = Rs \: \: 8820

CI = A - P \\ \\ \: \: \: \: \: = Rs \: \: (8820 - 8000) \\ \\ \: \: \: \: \: = Rs \: \: 820 \: \: \large\purple{\boxed{ Ans}}
Similar questions