Question

principal = 25000
time = 2yrs
rate = 8%
find amount and c.i

Answer 1

Answer:

simple interest = P x R x T ÷ 100

so P = 25000

R = 8 %

T= 2 years

25000 x 8 x 2 ÷ 100 = 4000

hope it help......

Answer 2

Step-by-step explanation:

just use the formula for finding = A=P(1+r/100)n

A= 25000(1+8/100)2

A= 25320

for CI =A-P

=25320-25000

320