what will be the answer
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Answer:
Your answer will be ₹200
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Step-by-step explanation:
Given If Principal is Rs 2000, Rate = 5% p.a, duration = 2 years, find amount
- So we need to find the amount by substituting the given data.
- Principal P = Rs 2000
- Rate r = 5% p.a
- Time n = 2 years
- So we get
- A = P(1 + r/100)^n
- = 2000 (1 + 5/100)^2
- = 2000 (105 / 100) (105 / 100)
- = 105 x 21
- = Rs 2205
- So the amount will be Rs 2205
Reference link will be
https://brainly.in/question/18424344
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