Question

Find the amount and the compound interest of the following (b) Principal = ₹750, Rate = 2% p.a. and Time = 24 month .​

Answer 1

$\huge\underline\mathbb\red{❤ANSWER☆✥}$

HERE,

P = 750 ; R = 2% ; T = 24 mon = 2 years,

$= i = \frac{p \times r \times t}{100}$

$= \frac{750 \times 2 \times 2}{100}$

$= SI = \frac{750 \times 4}{100} = \frac{750}{25} = 30$

NOW, AMOUNT

=PRINCIPAL + SI

=750 + 30 = 780rs

HENCE,

AMOUNT = 780 rs

SI = 30 rs