Question

Find the amount to be paid at end of 2yrs.
P=Rs 12000
R = 5%p.a​

Answer 1

Answer:

₹13,200

Step-by-step explanation:

P = ₹12000

R = 5% per annum

Amount to be paid at the end of 2 years = $P(1 + \frac{R}{100} x 2)$ = ₹12000(1 + 0.10) = ₹13,200