Question

find the amount and compound interest on rupees 800 for 2 years at 12.5%payable annually​

Answer 1

Answer:

Amount=924.5

C.I=124.5

Step-by-step explanation:

Amount=P(1+R/100)^n

=800(1+125/1000)^2

=800(1+3/40)^2

=800(43/40)^2

=800×1849/1600

=1849/2

=924.5 rupees

C.I=A-P

=924.5-800

=124.5 rupees