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Find CI on sum of rupees …

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Find CI on sum of rupees 8000 for 2 years at 5% per annum compound annually

Posted by Aaryan Singh Chouhan 5 years ago

CBSE > Class 08 > Mathematics

2 answers

Aaryan Singh Chouhan 5 years ago

Thank you

1Thank You

Gaurav Seth 5 years ago

We have P = Rs 8000, R = 5% p.a., T = 2 years

∵

∴

                        =

= Rs (20  21 ) = Rs 8820

Now, compound interest = A - P

                                 = Rs 8820 - Rs 8000

                                  = Rs 820

2Thank You

ANSWER

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CBSE > Class 08 > Mathematics