Question

if Rs12000 become Rs 12480 after 2yearat the certain rate of interest .find the value of interest
​

Answer 1

Answer:

Rs 1356

P=Rs.12000,Time=2 Years,Rate=5% and 6%

A=P(1+

100

R

)

T

⇒12000(1+

100

5

)(1+

100

6

)

⇒12000×

100

105

×

100

106

⇒13356Rs

C.I=A−P

⇒13356−12000=1356Rs.