1.

Find The Compound Interest On Rs. 2680 At 8% Per Annum For 2 Years ?

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.



Discussion

No Comment Found

Related InterviewSolutions