Find compound interest on Rs. 8,000 at 5% for 2 years.
Answers
Answered by
2
Step-by-step explanation:
Principal=8000
Rate=5%
Time=2years(2terms)
Amount=p(1+R/100)
=8000(1+5/100)2
=8000*(1+1/20)2
=8000*(21/20)2
=8000*441/400
=20*441=8820
C1=Amount-principal
=8820-8000
=820
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Answered by
0
Answer:
320000
Step-by-step explanation:
8000×2×100/5=1600000/5=320000
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