Question

Find the amount and C.I when interest is compounded annually
P=₹18000 , T=2 years

r = 15 \frac{1}{2} \: p.ar=1521​p.a
do spamm​

Answer 1

Answer:

Calculate the compound interest on Rs. 18,000 in 2 years at 15% per annum.

This answers in the attachment

Answer 2

Answer:

Explanation:

Sum=Rs.18000

Time =2 years

Rate of intereast=15%

A=P(1+  

100

r

​

)  

n

 

⇒A=Rs.18000(1+  

100

15

​

)  

2

 

⇒18000×  

100

115

​

×  

100

115

​

 

⇒Rs.23805

∴ Compound Interest =A−P

=Rs.23805−Rs.18000=Rs.5805