Question

If p= 2000 R =5 N =2 year find copound interest​

Answer 1

Amount=P(1+R/100)^n

=2000(1+5/)^2

=2000* 21/20* 21/20

=5* 441

=₹2205

CI=A-P

=₹(2205-2000)

=₹205

Answer 2

Answer:

₹205

Step-by-step explanation:

Principal (P) = ₹2000

Rate (R) = 5%

Time (n) = 2 years

Amount (A) = P (1 + R/100)ⁿ

=> A = 2000 (1 + 5/100)²

=> A = 2000 (21/20) (21/20)

=> A = ₹2205

Compound Interest = A-P = ₹2205 - ₹2000 = ₹205