Rs 18000 for 2 and half yrs at 10 percent per annum compounded anually
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simple interst = 18000/100 × 2.5 ×10 = 4500
= 18000 + 4500 = 22500
compound interest = 4500 12%
=4500 1% = 45
=4500 12%= 540
=4500 + 540 = 5040
= 18000 + 4500 = 22500
compound interest = 4500 12%
=4500 1% = 45
=4500 12%= 540
=4500 + 540 = 5040
cvidhi3322:
thanks for help but think so its wrong
You are most welcome.
what?
no problem you answered wrong but you have tried your best
But what is correct answer?
Rs.4869
as per given in our textbook answer key
ok I tried
ya
why it is answer are wrong
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