Math, asked by veeru2347, 10 months ago

interest on 3500 for 2 years when the interest is compounded annually at the rate of 20% per annum

Answers

Answered by kishorkumar13
1
I think it's your answer of this question
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rakhi123436: Bro we have to find compound interest
Answered by rakhi123436
11
Principal = 3500rs.
Rate = 20%
Time = 2
In compound Interest =
A= p(1+r/100)²
A = 3500(1+20/100)²
A = 3500*120/100*120/100
A= 5,040rs.
CI = A-P
CI = 5,040-3500= 1,540 R.s.

Hope it may help you

veeru2347: thank sis
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