Math, asked by nm067204, 3 months ago

Find the compound interest on ` 7500 for 2 years at 10% per annum compounded
annually.

Answers

Answered by itscutegirl12

3

Answer:

Answer

Correct option is

Given, P= Rs. 7500,R=4%,n=2 years

We know, Amount =A=P(1+100R)n

Therefore, amount = Rs [7500×{1+(1004)}2]= Rs. 8112

Compound Interest = Rs. (8112−7500)= Rs. 612

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