Find CI on Rs. 12500 for 2yrs at 12% per annum compounded annually.
Answers
Answered by
0
Answer:
Given, P= Rs. 12500,R
1
=15%,R
2
=16%
A=p(1+
100
R
1
)(1+
100
R
2
)
A=12500×(1+
100
15
)×(1×
100
16
)
=12500×
200
115
×
100
116
= Rs. 16,675
Answered by
1
Answer:
for 1 yr C.I n S.I are same i.e 1500. to get 2nd yr C.I we should calculate on the principal as well as 1st yr interest I.e 1500+180= 1680, 2 yrs C.I= 1500+1500+180=3180
Step-by-step explanation:
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