Question

The amount and compound
interest for a principal amount of Rs. 5000 at 8 p.c.p.a for a term of 2 years is Rs.
​

Answer 1

Answer:

Interest = Rs. 800 ; Amount = Rs. 5800

Step-by-step explanation:

Interest = (5000 × 8 × 2)/100 = 80000/100 = Rs. 800

Amount = 5000 + 800 = Rs. 5800

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