Mehak lent * 8.000 to Ria at the rate of 12% per annum compound interest. Find the amount
payable by Ria to Mehak after 2 years.
the compound interest and simple interest on a sum of 16.000 for 3 years if the rate of interest is 2% per annum प्लीज आंसर फास्ट एस फास्ट एस पॉसिबल
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Answered by
1
Answer:
₹10,035.20
Step-by-step explanation:
Principal (P) = ₹8000
Rate (R) = 12%
Time (n) = 2 years
Amount (A) = P (1 + R/100)ⁿ
=> A = 8000 (1 + 12/100)²
=> A = 8000 (28/25) (28/25)
=> A = ₹10035.20
Answered by
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₹10035.20 is the right answer
hope it helps you
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