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Find The Compound Interest On Rs. 2680 At 8% Per Annum For 2 Years ? |
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Answer» <P>We know Compound Interest = C.I. = P1+r100t - 1 Here P = 2680, R = 8 and t = 2 C.I. = 26801 + 81002-1= 268027252-12= 26802725+12725-1= 2680 5225×225 = (2680 x 52 x 2)/625 = 445.95 Compound Interest = Rs. 445.95. We know Compound Interest = C.I. = P1+r100t - 1 Here P = 2680, r = 8 and t = 2 C.I. = 26801 + 81002-1= 268027252-12= 26802725+12725-1= 2680 5225×225 = (2680 x 52 x 2)/625 = 445.95 Compound Interest = Rs. 445.95. |
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