the principal=®16000, R =? N= 2years find out R=? A=?
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Step-by-step explanation:
Principal = (P) = ₹16, 000
Time = (t) = 3 years
Rate = (r) = 5%
Amount = Principal × (1 + (r/2 × 100)) n × 2
= ₹ 16,000 × (1+ (5/200)) 3 × 2
= ₹16,000 × (205/200)6
= ₹ 16,000 × 41/40 × 41/40 × 41/40 × 41/40 × 41/40 × 41/40
= ₹ 18,555
C.I. = Amount – Principal
= ₹ 18,555 - ₹ 16,000
₹ 2555
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