Question

Find the amount if the:-
Principle=506000
Rate of interest =2.5 %
Time =2 years.​

Answer 1

Answer:

$506000(1 + \frac{2.5}{100})^{2}$

$506000(1 + \frac{0.1}{4} )^{2}$

$506000 \times \frac{5.1}{4} \times \frac{5.1}{4}$

$63250 \times 5.1 \times 5.1$

$1645132.5$

HOPE HELPFUL THANK YOU

Answer 2

$Principle=506000$

$Rate \: of \: interest =2.5 %</h2><h2>$

$Time =2 years$

$SI = \frac{P×R×T}{100}$

$SI = \frac{5,06,000 \times 2.5 \times 2}{100 }$

$SI = 25,300$