Math, asked by mr360techo, 9 hours ago

What is the principal amount, which gives 5 205 as compound interest interest for the two years at 5%. per annum ?

Answers

Answered by rishitabaidya1

1

P=Rs . 2000, R=5% so, I =px rx t /100 = Rs 2100x 5x 1 / 100 = 105

The amount after the second year =Rs.2100+Rs.105 = Rs. 2205

Final amount =Rs.2205

Hence , Compound Interest = final amount - original amount

= Rs. 2205 - Rs. 2000 = Rs. 205

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