find the amount and the ci of Rs 18000 for 2 years at 5 %. per annum compound annually
Answers
Answered by
2
Answer:
1845
Step-by-step explanation:
CI =P(1+R/100)^n -P
then Principal=18000
rate =5%
and time =2years
then 18000(1+5/100)^2-18000
18000×21/20×21/20 - 18000
then 45×21×21 -1800
19845-18000
=1845 Ans
Answered by
41
Answer:
ᴘʀɪɴᴄɪᴘᴀʟ = ʀs. 18000
ʀᴀᴛᴇ = 5%
ᴛɪᴍᴇ = 2 ʏᴇᴀʀs
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