Question

Find the compound interest when principal is ₹6400 rate 5% per annum and times is 2 years

Answer 1

Answer:

656.

Step-by-step explanation:

• Amount = 6400 [ 1+ 5/100]²

                      = 6400 x 21/20 x 21/20 = 7056.

CI = 7056 - 6400 = 656.

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