Answer:
c.i.=[tex]Principle* (1 + \frac{r}{100})^{2}[/tex]- Principle
amount=[tex]Principle* (1 + \frac{r}{100})^{2}[/tex]
putting values for amount, 8000*(1+[tex]\frac{5}{100}[/tex][tex])^{2}[/tex]
=8000*(1+[tex]\frac{5}{100}[/tex])*(1+[tex]\frac{5}{100}[/tex])
=8000*[tex]\frac{105}{100}[/tex]*[tex]\frac{105}{100}[/tex]
=0.8*105*105
=₹88200 is the amount
₹8820-₹8000
=₹820 is the compound interest
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Answer:
c.i.=[tex]Principle* (1 + \frac{r}{100})^{2}[/tex]- Principle
amount=[tex]Principle* (1 + \frac{r}{100})^{2}[/tex]
putting values for amount, 8000*(1+[tex]\frac{5}{100}[/tex][tex])^{2}[/tex]
=8000*(1+[tex]\frac{5}{100}[/tex])*(1+[tex]\frac{5}{100}[/tex])
=8000*[tex]\frac{105}{100}[/tex]*[tex]\frac{105}{100}[/tex]
=0.8*105*105
=₹88200 is the amount
₹8820-₹8000
=₹820 is the compound interest
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