Question

simple interest on a certain sum of money for 2 years at 12% per annum is rupees 1920. what will be the compound interest on that sum at the same rate and for the same period​

Answer 1

Answer:

hope it helps you

Step-by-step explanation:

let principle be p

p*12*2/100 = 1920

6p/25 = 1920

6p = 1920*25

p = 1920*25/6

p = 8000

now for compound interest

8000(1+12/100)²

calculate the compund interest...

Answer 2

Answer:

answer 8000

Step-by-step explanation:

see I think u have to solve it your self u have a answer ok