Q.No.11:- Find amount on Rs 12500 for two years at 12% per annum compounded annually (step by step plz for class 8th)
Question
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Answers ( )
Answer:
s=ptr/100
S=12500×2×12/100
S=125×12×2
s=3000
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Answer
Amount = 14000
SOLUTION
GIVEN
principal = Rs 12500
Rate = 12% pa
Time = 2 years
Amount = principal X ( 1 + R/100)
Amount = 12500 X ( 1 + 12/100)
Amount = 12500 X 28/25
Amount = 50 X 28
Amount = 14000 = Answer