Question

find the compound interest on 9375 at 8%per annum for 2years​

Answer 1

Answer:

1500

Step-by-step explanation:

CI = A - P

SI = PTR/100

= 9375 × 2 × 8/100

= 1500

Amount = SI + P

= 1500 + 9375

= 10875

CI = A - P

= 10875 - 9375

= 1500

Answer 2

Answer- The compound interest is $1560Rs$

Explanation-Principal $9375$

Rate $=8%$

Time= 2 years

Find-The compound interest

Solution-Firstly find amount

$A=P(1+\frac{R}{100})^n$

$=(1+\frac{82}{100} )^2$

$=(\frac{25+2}{25} )^2=(\frac{27}{25} )^2$

$=\frac{729}{y625}\times 9375$

$=10935$

$CI=A-P$

$=10935-9375$

$=1560$

Hence, the compound interest is $Rs 1560$.

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