sangeetha borrowed ₹8000 from alex for 2 years at 12 1/2% per annum.what interest did sangeetha pay to alex if the interest is compoundad annually?
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principal=8000rs.,,rate=12.5% , time=2yr. , so,,,,. amount=. P(1+r/100)² ,, =8000(1+12.5/100)² now, =8000(1+⅛)² ,=8000×9/8×9/8=125×81=10125rs.compount interest= amount -principal===10125-8000=2125rs.answer ,, hope it's help u
jess6:
thank you so much
Answered by
13
principal=8000rs.,,rate=12.5% , time=2yr. , so,,,,. amount=. P(1+r/100)² ,, =8000(1+12.5/100)² now, =8000(1+⅛)² ,=8000×9/8×9/8=125×81=10125rs.compount interest= amount -principal=10125-8000=2125rs.
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