Mehak lent rs 8000 to rai at the rate of 25/2% per annum compound interest. Find the amount payable by ria to Mehak after 2 years.
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principal=8000. rate=25/2%. time=2years compound interest. per annum
1 year=8000×25/2×1
=10,000
2 year=10,000×25/2×1
=1,25,000
1 year=8000×25/2×1
=10,000
2 year=10,000×25/2×1
=1,25,000
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right answer is...10125
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