If rs. 5000 is invested for 2 years at 4% p.a, then
c.i is
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P = Rs5000
r = 4%
t = 2years
Amount = P(1 + r/100)^t
= 5000(27/25)^2
= 5000*729/625
=8*729
=Rs5832
C.I. = A - P
= 5832 - 5000
= Rs832
r = 4%
t = 2years
Amount = P(1 + r/100)^t
= 5000(27/25)^2
= 5000*729/625
=8*729
=Rs5832
C.I. = A - P
= 5832 - 5000
= Rs832
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