Math, asked by umarshabir287, 16 days ago

Find the compound interest when principal is Rs 8000, rate= 5% time = 2 years,.​

Answers

Answered by jaiprakashsinghjp197
1

Step-by-step explanation:

Compound interest (C.I)=P[(1+100r)t−1]

P= Principal r= rate, t= time

⇒ C.I. =8000[(1+1005)2−1]

=8000[100025+10010]=8000[1000025+1000]

⇒C.I=108[1025]=14.820.

Answered by singhkanchan35176
7

Answer:

8800

Step-by-step explanation:

simple interest =PxRxN/100=8000x5x2/100=800

Amount =P+I=8000+800 RS =8800

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