Question

find compound interest of pirnicpal -8000, rate-10% ,Time -1 year​

Answer 1

the compound interest is 800 RS.

Step-by-step explanation:

p = 8000 rs.

r = 10%

t = 1 year

then, C.I. = p [ 1 + r / 100 ] ^ (t) - p

= 8000 [ 1 + 10 / 100 ] ^ (1) - 8000

= ( 8000 × 110 / 100 ) - 8000

= 8800 - 8000

= 800 rs.