Question

find the amount and the compound interest principal 2,000 rate 5 year 2

Answer 1

SI for 1st year=
$\frac{2000 \times 5 \times 1}{100} = 100$
Amt=2000+100=2100

SI for 2nd year=
$\frac{2100 \times 5 \times 1}{100} = 105$
Amt=2100+105=2205


CI=Amt-Principal

CI=
$2205 - 2000 = 205(ans)$
Hope this helps!!