1.

Find the C.I for the given Principal = ₹ 8,000, r = 5% p.a, n = 2 years

Answer»

Amount A = P(1 + r/100)n 

= 8000(1 + 5/100)2

= 8000 x 105/100 x 105/100

= 8000 x 21/20 x 21/20

A = ₹ 8820

Cl = A – P 

= 8820 – 8000 

= 820



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