Question

find the amount and the compound interest of principal=5000, rate=5%, time=2year
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Answer 1

Step-by-step explanation:

amount=P(1+R/100)^T

= 5000(1+5/100)^2=5000(1/1+1/20)^2

= 5000(20/20+1/20)^2

=5000×21/20×21/20=5000×441/400

=5512.5 rupees

CI = amount - principal

= 5512.5-5000

= 512.5 rupees

please support me

Answer 2

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GIVEN :-

Principal = ₹5,000

Rate = 5%

Time = 2 Years.

TO FIND :-

Amount, Compound Interest.

SOLUTION :-

Formula For Amount is ,

A = P(1 + r/100)²

A = 5,000( 1 + 1/20 )²

A = 22050/4

A = 5,512.5

HENCE,

Amount = ₹5,512.5

Formula For Compound Interest is ,

C.I = Amount - Principal

C.I = 5,512.5 - 5,000

C.I = ₹ 512.50.

• I Hope it's Helpful.