what is the C.I on Rs.2000 for 2 years at 4percent p.a
Answers
Answered by
1
Compound Amount formula = P(1+R/100)^T
=2000(1+4/100)^2
=2000(104/100*104/100)
=2000* 1.0816
₹2163.2
Compound Interest = AMOUNT - PRINCIPAL
CI=2163.2-2000
CI=163.2RS
=2000(1+4/100)^2
=2000(104/100*104/100)
=2000* 1.0816
₹2163.2
Compound Interest = AMOUNT - PRINCIPAL
CI=2163.2-2000
CI=163.2RS
teju74:
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Answered by
0
A= p(1+r/100)^n
= 2000(1+4/100)^2
2000(104/100)×104/100
=2163.20
Ci=A-p
= 163.20 ans.
= 2000(1+4/100)^2
2000(104/100)×104/100
=2163.20
Ci=A-p
= 163.20 ans.
Sry it will be 163.20
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