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The compound interest of the second year on ₹6000 at 5% is ₹______.
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Answered by
1
Intrest=
6000×2×10/100
=1200
i hope this will help you
6000×2×10/100
=1200
i hope this will help you
prachi3418:
Thanks
Answered by
3
Simple interest = 27250 – 25000 = 2250
Time = 3 years.
SI = PTR / 100 → R = SI * 100 / PT
R = 2250 * 100 / 25000 * 3 → R = 3%.
Time = 3 years.
SI = PTR / 100 → R = SI * 100 / PT
R = 2250 * 100 / 25000 * 3 → R = 3%.
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