12
Q:
A) Rs. 664.21 | B) Rs. 548.68 |
C) Rs. 445.95 | D) Rs. 692.57 |
Answer: C) Rs. 445.95
Explanation:
Explanation:
We know Compound Interest = C.I. = P1+r100t - 1
Here P = 2680, r = 8 and t = 2
C.I. = 26801 + 81002-1= 268027252-12= 26802725+12725-1= 2680 5225×225
= (2680 x 52 x 2)/625
= 445.95
Compound Interest = Rs. 445.95