find the compound interest on Rs 6000 at 12% per annum compounded annually for 2 years. without using formula
Answers
Answered by
0
Answer:
A=P(1+
100
R
)
T
⇒A=6000(1+
100
9
)
2
=6000×(
100
109
)
2
= 7128.6 /-
⇒ Compound interest = A-P.
= 7128.6 - 6000
= 1128.6/-
Answered by
3
Answer:
Compound Interest is 1526.4rs.
Step-by-step explanation:
C.A = 6000×112/100×112/100
C.A = 0.6×112×112
C.A = 7526.4Rs
C.I = C.A - C.P
C.I = 7526.4 - 6000
C.I = 1526.4 Rs
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