Question

Rakhi lent * 5000 to Jyoti at the rate of 8-%
3
per annum compound interest. Find the amount
payable by Jyoti to Rakhi after 2 years.​

Answer 1

Answer:

₹5832

Step-by-step explanation:

Principal (P) = ₹5000

Rate (R) = 8%

Time (n) = 2 years

Amount (A) = P (1 + R/100)ⁿ

=> A = 5000 (1 + 8/100)²

=> A = 5000 (27/25)²

=> A = ₹5832

Answer 2

Question:

Rakhi lent * 5000 to Jyoti at the rate of =

per annum compound interest. Find the amount

payable by Jyoti to Rakhi after 2 years.​

$\boxed{ANSWER\;}$

⇒Amount payable by Rakhi to Jyoti after 2 years will Rs.  5000.

${\underline{\underline{{GIVEN:\; }}}$

⇒Since we have given that

⇒Principal = Rs. 5000

⇒Rate of interest = 8-%3

Number of years = 2

$\bold{SOLUTION:\;}$

We need to find the Amount on compounded annually.

⇒$A = p ( 1 + \frac{r}{100}) n$

⇒$A= 5000 ( 1 + \frac{83}{100}} ) 2$

⇒$A= 5000(\frac{300+83}{300} ) 2$

⇒$A = 5000= (\frac{383}{300}) 2$  

$\boxed{50=\;13.05}$

$\huge \text{Hope its Helps You}$