Question

in what time will a sum of rs 48000 amont to rs 55567 at 5%p.a compounded annually​

Answer 1

Answer:

• The sum of rupees 48000 was lent out at simple interest and at the end of 2 years and 3 months. Total amount was rupees 55560.

Step-by-step explanation:

• please make it a brainliest.

Answer 2

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

• r=20% n=2 ( interest compounded annually)

• = 1.20 × 1.20 × 48000 =1.44×48000=69120

• Therefore Compound Interest = Rs.21120/-

HOPE IT HELPS YOU ☃️☘️