Question

p=₹14000 R=6.5percent p.a T=2
years​

Answer 1

Answer:

By Simple interest =₹ 14182

By coupound interest = ₹1,691,129.475

Step-by-step explanation:

As we know that Si = P×R×T

100

14000 × 6.5 × 2

100

182

Amount = SI + P

= 14182

By compound interest

A = 14000 { 1+ 6.5}^2

100

=. 14000 × {106.5 }^2

{ 100}

=. 14000 × 1207949.735

10000

= 1,691,129.475