Question

Interest on Rs 12000 at 15% p.a for two years is​

Answer 1

Answer:

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

A=P(1+100R)T

⇒12000(1+1005)(1+1006)

⇒12000×100105×100106

⇒13356Rs

C.I=A−P

⇒13356−12000=1356Rs.