find the amount and CI on interest on rupees 5000 for 2 years at 6% per annum interest payable yearly
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Answered by
2
Answer:
amount =p(1+r/100)n
a= 5000(1+6/100)2
a=5000(106/100)(106/100)
a=5(106)(106/10)
a=56180/10
a=5618
CI = amount -principal
CI= 5618-5000
CI= 618
Answered by
2
Answer:
A = Rs 5618
CI = Rs 618
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