Question

what will the amount and interest. on the sumof ₹2000 at 5% compound interest​

Answer 1

Answer:

After two years Amount is 2,205

and the compound interest=205

Step-by-step explanation:

if we take two years ...

A=P(1+R/100)^2

=2,000(1+5/100)^2

=2,000×105/100×105/100

=2/10×11025

=2×1102.5

=2205