Question

what will be the coumpounded intrest on 7600 at the rate of 5%per annum for 2 yrs

Answer 1

Answer: P = ₹7600, R = 5%, T = 2 years

we've to find compound interest so..,

Ans:-

= P (1 + r/100)^t

= 7600 (1 + 5/100)²

= 7600 (105/100)²

= 7600 (21/20)²

= 7600 × 21/20 × 21/20

= 76 × 21/2 × 21/2

= 38 × 21 × 21/2

= 19 × 21 × 21

= ₹8379

C.I = A - P

= 8379 - 7600

= ₹779

Step-by-step explanation:

Answer 2

here's your answer....

hope it helps you....