Question

find the consunt and CI if principal
=4000 RS Rate = 7.5 pc.p.a for
2years​

Answer 1

Answer:

SI = P × N × R ÷ 100. Where P= Principle, N= No. of years and R = rate of interest.

Hence P = 100 x SI ÷ N×R

= 100 × 5952 ÷ 3 × 8= 24800 = Principle Amount.

Compound Interest formula

Amount = P (1+r/100)n

=24800 × 1.06 x 1.06 = 27865.28

= Rs.3065.28

Step-by-step explanation:

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Answer 2

Answer:

simple interest is 600 and amount is 4600