Question

principal :RS 5000,Rate:12%,Time:2 years find compound interest​

Answer 1

Answer:

Amount = p(1+r/100)^n

                   = 5000(112/100)^2

                    = 5000 X 112 X 112/ 100 X 100

                      = 6272

C.I = A-P

       = 6272 - 5000

       = 1272