English, asked by saiprakash17, 7 months ago

find the compound interest (ci)for rs.20.000/- at the rate of 6%p.a for 2years

Answers

Answered by bhaskerkoti735

0

Answer:

rupees= 20000

rate= 6%

time =2 years

Explanation:

formulae for compound interest =P (1+r/n)^nt

apply this formula and solve the problem

where P = intial principle balance

n=number of times interest applied for time peroid

r=interest rate

t= number of time peroids

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