Question

principle 6400, rate 6% time 2 years​

Answer 1

Answer:

Amount = P*[1+(6/100)]^2

= 6400*[1+(3/50)]^2

= 6400*(53/50)*(53/50)

= ₹ 7191.04

Answer 2

Answer:

Principal=rupees 6400

Rate=6%P.A.

Time=2 years

1) Simple Interest= Principal×Rate×Time÷100

=6400×6 ×2÷100

= 384×2

=rupees 768

2) Amount=Principal+Simple Interest

= 6400+768

=rupees 7168.

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