please help me solve this question
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2400 will be the interest
miley9:
the answer is 880
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Principle (p)= 8000
Rate(r) = 10%
Time (t)= 2 years (here)
BtQ,
A= 8000*(1 + r/100)²
A= 8000*11/10 *11/10
A= 9680
.•. Compound interest for first and second year is ₹9680 -₹8000= ₹1680
CI for the First year =
8000*11/10 -8000
= 800
.•. CI for the second year = ₹1680-₹800
= ₹880
.
.
.
.....#### HOPE THIS HELPS
#######MARK AS THE BRAINLIEST PLEASE
Rate(r) = 10%
Time (t)= 2 years (here)
BtQ,
A= 8000*(1 + r/100)²
A= 8000*11/10 *11/10
A= 9680
.•. Compound interest for first and second year is ₹9680 -₹8000= ₹1680
CI for the First year =
8000*11/10 -8000
= 800
.•. CI for the second year = ₹1680-₹800
= ₹880
.
.
.
.....#### HOPE THIS HELPS
#######MARK AS THE BRAINLIEST PLEASE
thank you sooooo much for helping me
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