Question

Find the compound interest on Rs 18000 for 2 years at the rate 15 1/2 % per annum compounded annually​

Answer 1

Answer:

rs. 558

Step-by-step explanation:

P = rs. 18000

R = 15 1/2%

T = 2 years

SI = 18000×2/100 × 15 1/2

SI = 360 × 31/2

SI = 180 × 31

SI = rs. 558

Answer 2

Answer:

rs. 558

Step-by-step explanation:

P = rs. 18000

R = 15 1/2%

T = 2 years

SI = 18000×2/100 × 15 1/2

SI = 360 × 31/2

SI = 180 × 31

SI = rs. 558

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Step-by-step explanation: