koi phaltu answer nhi dega
Attachments:
Anonymous:
Dude this is a study app , not a social media !
Answers
Answered by
5
Step-by-step explanation:
Interest for 1 year = 5.5%
Interest for 2 years = 5.5 x 2 = 11%
Principal Amount = Interest Amount / Interest Rate
= 6600 / 11%
= 60,000/-
Compound Interest for 2 years @ 5.5% = 11.3025%
Interest Amount = 60,000 x 11.3025%
= Rs. 6781.50
Answered by
3
Answer:
6781.50
Step-by-step explanation:
simple interest = P×R×T
simple interest = P×R×T 100
simple interest = P×R×T 100compound interest = P [ ( 1+ R )^T -1 ]
100
simple interest= ₹6600
P×5.5×2 =6600
100
P ×11 = 6600×100
P = 6600×100
11
P= ₹60000/-
now it's time to find compound interest
compound interest= 60000 [(1+.055) ² -1 ]
= 60000[ 1.113025 - 1]
= 60000[ 0.113025]
= ₹6781.50
Please mark me Brainliest
Similar questions
English,
1 month ago
Math,
1 month ago
English,
1 month ago
Computer Science,
3 months ago
Social Sciences,
3 months ago
India Languages,
9 months ago
Science,
9 months ago