Question

the simple interest on a sum of money for 2 years at 12% per annum is rupees 1380 find the sum of money the compound interest on the sum for 1 year payable half-yearly at the same rate​

Answer 1

Answer:

1380×2×12/100

solve it

and this is your answer

Answer 2

Answer:

P=575000

Step-by-step explanation:

time=2 years

rate =12%

i=1380

p=i×100/r×t

p=1380×100/12%×2

p=575000