Math, asked by abhinavpr374, 4 months ago

rs 200 was got as intrest from a bank for 2 years at the rate 5%. compute the compound intrest for the same principle 2 years at the same rate of inttest​

Answers

Answered by ZAYNN
2

Answer:

  • SI = Rs. 200
  • Time = 2 years
  • Rate = 5%

According to the Question :

Simple Interest for each year = Rs. 200/2 = Rs. 100

________________

⠀ Rs. 100⠀⠀ Rs. 100

⠀⠀⠀⠀⠀⠀⠀Rs. 100 × 5/100 = Rs. 5

  • As SI & CI of first year remains same.

⇒ CI = Rs. 100 + Rs. 100 + Rs. 5

CI = Rs. 205

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