Question

find compound interest on 3000 at 5% per annum for 2year​

Answer 1

Answer:

300 ruppes

please mark me BRAINLIST

Answer 2

Answer:

307.5

Step-by-step explanation:

Given: Principal, P = 3000. Rate of Interest, R = 5% Number of years, N = 2.

Formula used: Amount, A = P[1 + (R/100)]N C.I = A - P.

Calculation: A = P[1 + (R/100)]N. ⇒ A = 3000[1 + (5/100)]2 ⇒ A = 3307.5. C.I = A - P. ⇒ C.I = 3307.5 - 3000. ∴ C.I = Rs. 307.5