find the compound interest for rupees 4000 @ 5% for 2 years
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here is your answer.
Amount = 4410.
and compound interest = 410.
please mark it as brainliest answer.
Amount = 4410.
and compound interest = 410.
please mark it as brainliest answer.
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Answered by
1
Given:
Principal (P)= ₹4000
Rate (R)= 5%
Time (n) = 2 years
Amount (A) = P (1+R/100)^n
A= 4000(1+5/100)²
A= 4000(1+1/20)²
A= 4000(21/20)²
A= 4000 (21×21/20×20)
A= 10× 21×21= 10× 441= 4410
Amount (A) = ₹ 4410
Compound interest (C.I)= amount(A) - principal(P)
C.I = A-P
C.I = 4410 - 4000
C.I =₹ 410
Hence, the compound interest is ₹ 410.
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Hope this will help you....
Principal (P)= ₹4000
Rate (R)= 5%
Time (n) = 2 years
Amount (A) = P (1+R/100)^n
A= 4000(1+5/100)²
A= 4000(1+1/20)²
A= 4000(21/20)²
A= 4000 (21×21/20×20)
A= 10× 21×21= 10× 441= 4410
Amount (A) = ₹ 4410
Compound interest (C.I)= amount(A) - principal(P)
C.I = A-P
C.I = 4410 - 4000
C.I =₹ 410
Hence, the compound interest is ₹ 410.
==================================================================
Hope this will help you....
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