1.

Calculate the amount and the compound intrest on₹2500 for 2 years at 8%p.a.,compounded anually​

Answer»

<P>P =2500

R= 8%

T=2 YEARS.

A= P(1+R/100)²

2500(100+8/100)²

2500×108/100×108/100

29160000/10000

=2916

C.i = AMOUNT- principal

2916 - 2500

= 416.....

And 416



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