Question

sangeetha borrowed rs.8000 from alex for 2 years 12 1/2% annum what intrest did sangeetha pau to alex if the intrest in compounded annualy​

Answer 1

Answer:

= Rs 10125

Step-by-step explanation:

P - 8000

T - 2 years

R - 12.5%

I - ?

CI - P(1+R\100)^N

= 8000*(1+125\10X1\100)^2

= 8000*(9\8)^2

=8000*9\8*9\8

= Rs 10125