Question

find the interest principal 2000,rate of interest 6%,time 2year​

Answer 1

Simple interest forrmula is PTR/100. so Interest here is 240

Answer 2

Answer:

The principal :-2000

Time :- 2years

rate of interest :- 6%

The interstate of first year :-

(2000*6*1)/100

=120rs.

The interst of second year :-

(2120*6*1)/100. (2120 is sum of 2000+120)

=127.2

the interest at the end of two years :-

2120+127.2=2247.2

the compound interest at end.

2247.2-2000=247.2

it's ur answer

Step-by-step explanation:

hope it's helpful