Question

find the amount and the compound interest on the following
principal = 6000, Rate = 5% p.a. and Time = 2 years ​

Answer 1

Answer:

A=P(1+R/100)n

A=6000(1+5/100)2

A=6000*105/100*105/100

A=6615

CI=A-P

CI=6615-6000

CI=615

Answer 2

Answer:

Compound Interest = 615 Rs.   ,      Amount = 6,615 Rs.

Step-by-step explanation:

Amount = P(1 + R/100)ⁿ

             = 6,000(1 + 5/100)²

             = 6,000(105/100)²

             = 6,000 × 105/100 × 105/100

             = 66,150,00/10,000

             = 6,615 Rs.

Compound Interest = A - P

                                 = 6,615 - 6,000

                                 = 615 Rs.

PLEASE MARK MY ANSWER AS TJE BRAINLIEST PLEASE