Question

Find the compound interest of rs. 6250 at the rate of 5% per annum for two years

Answer 1

principle= 6250
time = 2years
rate =5%

amount =
$p {(1 + r \div 100)}^{t}$
6250 ×(1+ 5/100) ^2
6250 × (105/100)^2
6250×105/100×105/100
6890.625 Rs

compound interest = amount - principle
6890.625 - 6250
= 640.625rs answer

hope this answers help you
please mark as brainliest answer plzzzzz please

Answer 2

Answer:

principle= 6250

time = 2years

rate =5%

amount = 

p {(1 + r \div 100)}^{t}p(1+r÷100)t 

6250 ×(1+ 5/100) ^2

6250 × (105/100)^2

6250×105/100×105/100

6890.625 Rs

compound interest = amount - principle 

6890.625 - 6250

= 640.625rs answer

hope this answers help you

please mark as brainlies