salma borrowed from Mahila Samiti a sum of rupee 1875 to purchase a sewing machine. If the rate of interest is 4% per annum, what is the compound interest that she has to pay after 2 years.
Answers
Answered by
53
P=rs.1875
R=4%
T=2 years
we know,
A=P(1+R/100)^2
=1875(104/100)^2
1875*104/100*104/100
=2,02,80,000
CI=A-P
=2028-1875=153(ANS)
R=4%
T=2 years
we know,
A=P(1+R/100)^2
=1875(104/100)^2
1875*104/100*104/100
=2,02,80,000
CI=A-P
=2028-1875=153(ANS)
Answered by
0
Answer:
P=rs.1875
R=4%
T=2 years
we know,
A=P(1+R/100)^2
=1875(104/100)^2
1875*104/100*104/100
=2,02,80,000
CI=A-P
=2028-1875=153(ANS)
Step-by-step explanation:
Similar questions