Question

Find the C.I on rupees 30000 at 12%p.a for 2 years.

Answer 1

Answer:

7632.

Step-by-step explanation:

• Amount = P[ 1+r/100]ⁿ

                     = 30000 x [ 1 + 12/100 ]²

                     = 30000 x 28/25 x 28/25 = 37632.

So CI = 37632 - 30000 = 7632.

Thank u.

Answer 2

p= rs.30000
n= 2
r=12%
ci=p[1+r/100]n
=30000[1+12%/100]2
30000[28/25]2
=1200×[28/25]×[28/25]