Use the formula and calculate the amount and compound interest when:
Principal=25000
Rate=12%
Time=2years
Answers
Answered by
0
Step-by-step explanation:
Correct Option: B
Given in question , Principal ( P ) = Rs. 25000 , Compound Interest ( CI ) = ? , Rate ( R ) = 5% , Time = 2 years
We can find required answer with the help of given formula ,
C.I. = P 1 +
R
T − 1
100
C.I. = 25000 1 +
5
2 − 1
100
C.I. = 25000 1 +
1
2 − 1
20
C.I. = 25000
21
2 − 1
20
C.I. = 25000
441
− 1
400
C.I. = 2500
441 − 400
400
C.I. =
25000 × 41
= Rs. 2562.5
400
Answered by
0
Answer:
Compound interest = 25,000 x 112/100 x 112/100
= 31,360 Rs.
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