Question

find compound interest paid when a sum of Rs.40000 is invested for 2 years 6 month at 20% per annum. compounded annually ​

Answer 1

Dear mates here is your answer

➡️P=40,000

R=20%

T=2.5 yrs

$i = \frac{prt}{100}$

I=40000*20*2.5/100

I=20000

Ci=40000+20000

=60000

Answer 2

Answer:

this is not the correct answer