Question

Find The Simple Internet, when;
P=Rs 2000
R=5 p.c.p.a.
T = 5years

​

Answer 1

1) Here, P = ₹ 2000; R = 5 % ; N = 2 years

A=P(1+R100)N =2000(1+5100)2 =2000(105100)2 =2000(2120)2 =2205 Rupees∴ Compound Interest after 2 years,I = Amount − Principal =2205−2000 =205 Rupees

Hence, Amount = ₹ 2205 and Compound interest = ₹ 205.

Answer 2

this is the final answer

Thank you