Question

FinFindthe compound interest in Rs. 8000 for 2 years at 6 % per annum​

Answer 1

Answer:

compound interest Is 988.8

In a way 8000 (( 1 + 0.6)^2 -1 )

Answer 2

Answer:

Rs.539

Solution:-

Time=2 years

Principal=Rs.8000

Rate=6℅

Then

$amount = p {(1 + \frac{r}{100}) }^{n}$

$= 8000 ({1 + \frac{6}{100}) }^{2}$

$= 8000 ({1\frac{3}{50})^{2}$

$= 8000 \times {\frac{9}{2500} [tex] =$

Now Amount=8988

time=2 year

rate=6℅

$c.i = 8988 \times \frac{6}{1 \times 100}$

$= 539$

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C.I=Rs.539