the compound interest of rs 800 at 6% per annum for 1 year is
Answers
Answered by
2
Answer:
Hey mate here is your answer!!
Attachments:
Answered by
2
Step-by-step explanation:
principal = 800rs
rate = 6 %
time = 1yr
Amount = 800* [ 1 + R/100 ]^n
= 800* [1 + 6/100 ] ^1
= 800 *( 100 + 6 ) / 100. { take LCM of 100 }
= 800 * 106/100
= 8 * 106
= 824 rs
Compound interest = amount - principal
= 824 - 800
= 24 rs
hence, CI = 24rs
plz give me thank and mark me as brainlist
Similar questions