Question

who dare solve it
ramesh borrowed rs 12000 from raman for 2 year at 12.5% per annum compound interest find the amount payable by ramesh at the end of 2 year​

Answer 1

Step-by-step explanation:

P=12000

Time=2 year

Rate=12.5%

$amount = p(1 + \frac{r}{100})n$

Answer 2

Step-by-step explanation:

I=p×t×r

100

=12000×2×12.5/100

=3000

amount = 12000+3000= 15000