Question

What will be the compound interest accrued on a sum of 7200 at a rate of 5% per annum in 2 year? h N ₹ 738 (B) ₹1738 (C) < 1268 (D) ₹648 ​

Answer 1

hope this helps u

please mark as brainlist

Answer 2

Answer:

Answer ⤵️

Principal for the first year= ₹7200

Interest for the first year=₹7200×5×1/100=₹ 360

Amount after one year = ₹7200+360=₹7560

Principal for the second year = ₹7560

Interest for the second year = ₹7560×5×1/100=756/2

= ₹378

Amount after 2 years = ₹7560+378=₹7938

Compound interest for 2 years = final amount - (original) principal= ₹7938-₹7200=₹738

So the according to your Question the answer is ₹738.

Step-by-step explanation:

please mark it Brainliest answer