Question

. Find compound interest on Rs. 25000 for two year at 4% per annum
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Answer 1

Answer:

Step-by-step explanation:

principal=25000 , time= 2 years , rate= 4% p.a

si= $\frac{PxRxT}{100\\}$ =

for first year= $\frac{25000x4x2}{100}$=2000

amount = p + si= 27000

CI=amount-principal= 27000-25000=2000

Answer= CI=2000