find compound intrest on ru.12500 for 2 year at 12% per annum compounded annually
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Answered by
4
1st year
P= Rs 12500
T= 1 year
R = 8%
SI= P×R×T/100
= 12500×8×1/100 =1000
Amount =12500+1000=13500
2nd year
P=13500
T= 1 year
R= 8%
SI= P×R×T/100
13500×8×1/100= 1080
Amount =13500+1080 = 1215.
there for Compound Intrest is = 1st year amount - 2nd year amount.
13500 - 1215= 12285.
the compound Interst is 12285 .
Answered by
28
Answer:
1st year
P= Rs 12500
T= 1 year
R = 8%
SI= P×R×T/100
= 12500×8×1/100 =1000
Amount =12500+1000=13500
2nd year
P=13500
T= 1 year
R= 8%
SI= P×R×T/100
13500×8×1/100= 1080
Amount =13500+1080 = 1215.
there for Compound Intrest is = 1st year amount - 2nd year amount.
13500 - 1215= 12285.
the compound Interst is 12285 .
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