1.

Find the amount and compound interest on ₹ 1200 for 2yrs at 6% p.a ?

Answer»

Answer:

Amount- 1348.32

C I- 148.32

Step-by-step explanation:

Amount = PRINCIPLE(1+R/100)^n

where n is time

Amount = 1200(1+6/100)^2

= 1200(106/100)^2

Amount = 1348.32



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