English, asked by vanshika964, 1 year ago

find the compound interest on rupees 11,200 at 19/2 per annum for 2 years

Answers

Answered by hiteshkhannasweet
1

P=11,200

R=19/2%

T=2YRS

A=P(1+R/100)^T

=11200(1+19/200)^2

=11200(200+19/200)^2

=11200(219/200)^2

=11200*219/200*219/200

=13429.08 RS

CI=A-P

=13429-11200

=2229.08 RS

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