Question

principal is 50 rs and rate is 5% and time is 2 years and find the C.I.

Answer 1

Answer:

A = P ( 1 + R/100) T

A = 50(1+5/100) 2

A =50 (1+ 1/20) 2

A =50 ( 20+1/20) 2

A =50×21/20×21/20

A = ₹ 110.25

C.I. = A-P

C.I. = ₹(110.25-50)

C.I. = ₹ 60.25