Question

find compound Interest if principle is 8000 and amount is 9600
​

Answer 1

$\bf \: \underline{Given }: \: Principal \: and \: Amount$

$\bf \: \underline{To \: find} : \: Compound \: Interest$

$\bf \: As \: we \: know \: that :\boxed{ \red{\bf \: CI = \: A - P}}$

$\bf \: Where,$

$\implies \: \bf \: A = Amount$

$\implies \: \bf \: P = Principal$

$\bf \: Substituting \: the \: values..$

$\bf \: \pink{Compound \: interest }= 9600 - 8000$

$\boxed{ \bf \: \pink{Compound \: interest }= \boxed{\sf Rs. \: 1600}}$