Question

The simple interest on a certain sum of money at the rate of 8% annum for 2 years is rupees 200. Find the compound interest on the same amount at the same rate for 2 years.

Answer 1

Answer:the amount will be responsible 1750

Step-by-step explanation:let the amount be x so

By the problem

X/100×8=100

X×8=100×100

8x=10000

X=1000/8

X=1750