Question

The amount on Rs. 2500 for 2yrs at 6% and 8% respectively compounded annually is​

Answer 1

Answer:

6%=2800

8%=2900

Step-by-step explanation:

SI=P×R×T

_____

100

SI=2500×6×2 SI=2500×8×2

________ ___________

100 100

25×6×2=300 25×8×2=400

SI=300

6%rate of interest=2500+300=2800

8%rate of interest=2500+400=2900