Question

Find the compound interest

on


11,200 at 17 (1/2)
% per annum for two years
​

Answer 1

Answer:

p= 11200

r= 17 and 1/2 = 35/2

t= 2 years

amount= p(1+r/100)

= 11200(1+35/2×100)

= 11200(1+35/200)

= 11200×47/40×47/40

= rs 15463

C.I= amount - principal

= rs 15463 - rs 11200

= rs 4263.

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Answer 2

Step-by-step explanation:

p = 11200 R = 17 and 1/2 = 35/2 Amount = p(1+r/100) = 11200(1+35/2×100) = 11200 (1+35/200) = 11200 × 47/40×47/40 = Rs 15463 = CI = A-p =Rs 15463 - Rs 11200 = 4263