perireddy A 16%=1year -8000+50000=58000 16%of 58000 is 9280 so 8000+9280=17280
meghana A 50000-5*116*116=17280
prabhat kumar b)17000 because its answer will come in the range of 16000-17000
sunaina a A=p(1+r/100)^n A=50000(1+16/100)^2 A=50000(116/100)*(116/100) A=67280 C.I=A-p CI=67280-50000=17280
Correct Answer: 17280
Solution:
let the principal amount be P=50000, R=16%, n=2 years, A=?
Now use \(A=P(1+\frac{R}{100})^n\)
we will get A=67280, so the Compound interest= A-P=67280-50000=Rs.17280