Question

find the compound interest and the simple interest at 8000 rs in 2 years at 15 percent per annum​

Answer 1

Answer:

Principal amount = 8000

Interest for first year = 15% of 8000 = 1200

So new principal after 1 st year = 8000+1200 = 9200

Interest for second year = 15% of 9200 = 1380

So new principal after 2 nd year = 9200+1380 = 10580

interest for 4 months(1/3 years) = 5% of 10580 = 529

So interest after 2 years 4 months = 1200+1380+529 = 3109

I hope it help you...

Answer 2

Step-by-step explanation:

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