Question

find the amount and the compound interest on rupees 8000 at 5% per annum for 2 years compounded annually ​

Answer 1

Step-by-step explanation:

principal=8000

rate= 5℅

time= 2 years

amount= p× (1+r/100)^t

8000× (1+5/100) ^2

8000× (21/20) ^2

8000×21/20×21/20= 8820₹

C.I.=A-P

8820-8000=820₹

Answer 2

hope this will Help u Dear