Question

find the compound interset on rupees 6400 for 2 years at11 by 2 percent per annum​

Answer 1

Answer:

find the compound interest on rupees 6400 for2 years at 5 *1/2% per annum answer is 72 3.36rs

Step-by-step explanation:

P=Rs.6400,n=2years,R=

2

15

%

⇒ A=P(1+

100

R

)

n

⇒ A=6400(1+

2×100

15

)

2

⇒ A=6400×

200

215

×

200

215

⇒ A=Rs.7,396

⇒ Compoundinterest=A−P

⇒ CompoundInterest=Rs.7,396−Rs.6,400=Rs.996