Question

find the compound interest for the p=2000r=8%t=1year​

Answer 1

SI =p×r×t/100

2000×8×1/100

2000×8/100

16000/100

zeros cut so we get

160

the answer is 160

hope this help u

Answer 2

${\huge{\underline{\underline {\mathfrak{\purple{AnSwEr}}}}}}$

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Principal = 2000

Rate = 8%

Time = 1 year

$= a = p( {1 + \frac{r}{100} }) \\ = a = 2000(1 + \frac{8}{100}) \\ = a = 2000 \times \frac{108}{100} \\ = a = 20 \times 108 \\ = a = 2160$

Amount = 2160

Compound Interest

= Amount - principal

= 2160 - 2000

= 160

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