Math, asked by naveengupta60, 1 year ago

find compound interest on Rs 16000 at 12*1/2 per annum for 2 years

Answers

Answered by devaanshdua

1

Answer:

₹55977.6

Step-by-step explanation:

(16000 x6 x1) /100=₹960

A=16000+960=₹16960

I2=(16960 x6 x1) /100=₹1017.6

A=16960+1017.6=₹17977.6

CI=₹17977.6-16000=₹55977. 6

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