Hey
Calculate C.I. if given , p = 2000 , r = 5% , t = 2 years , also find amount .
Answers
Solution
Given :-
- p = 2000
- r = 5%
- t = 2 years
Find :-
- Amount
- C.I.
Explanation
Using Formula
★ C.I. = p (1 + r/100)^t - p
★ Amount = p + C.I.
So,
==> C.I. = 2000 ( 1 + 5/100)² - 2000
==> C.I. = 2000(105/100)² - 2000
==> C.I. = 2000 × 105/100 × 105/100 - 2000
==> C.I. = 210 × 105/10 - 2000
==> c.i. = 22050/10 - 2000
==> c.i. = 2205 - 2000
==> c.i. = 205
Now, calculate amount
==> Amount = p + C.I.
==> Amount = 2000 + 205
==> Amount = Rs 2205
Hence
- C.I. wiil be = Rs 205
- Amount will be = Rs . 2205
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Step-by-step explanation:
Solution✍️
____________________
Given :-
p = 2000
r = 5%
t = 2 years
Find :-
Amount
C.I.
Explanation
Using Formula
★ C.I. = p (1 + r/100)^t - p
★ Amount = p + C.I.
So,
==> C.I. = 2000 ( 1 + 5/100)² - 2000
==> C.I. = 2000(105/100)² - 2000
==> C.I. = 2000 × 105/100 × 105/100 - 2000
==> C.I. = 210 × 105/10 - 2000
==> c.i. = 22050/10 - 2000
==> c.i. = 2205 - 2000
==> c.i. = 205
Now, calculate amount
==> Amount = p + C.I.
==> Amount = 2000 + 205
==> Amount = Rs 2205
Hence
C.I. wiil be = Rs 205
Amount will be = Rs . 2205
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