Question

Find compound interest on Rs. 12600 for 2 years at 8% per annum compound annually.
​

Answer 1

Given :

principle amount =12,600

Time =2years

interest =8

solution :

compound interest = amount x time x intrest

----------------------------------

100

12600 x 2 x 8 41600

--------------------- = ----------

100. 100

=416

therefor compound interest =416rs

HOPE IT HELPS....

..

plz do mark as brainlist