Question

Rs. 6250 at the rate of 8% for 2 years​

Answer 1

Answer:1040 Rs

Step-by-step explanation:

Compound interest

Here P=6250 Rs

Rate R=8%

Time =2 years

Answer 2

Answer:

simple interest:

interest=RS 1000

amou=RS 7250

compound interest:

interest=RS 1040

amount= RS 7290